17909 68th Ave NMaple GroveMN55311
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Maple Grove at 17909 68th Ave N, Maple Grove, MN, 55311 offers a 10.08% rental yield on a $524,900 purchase with $4,409/mo rent. Total monthly income registers $4,409/mo, and a $2,569/mo payment leaves $1,131/mo available for distribution. Annual cash flow reaches $13,577/yr on $172,692 to close, and return on cash invested stands at 27.92% in year one. Equity gained on principal adds $3,387/yr while 5% annual appreciation supports $145,020 over five years. Portfolio math shows five-year ROI at 145.86% and total cumulative return in cash at $251,881. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,409/mo property income against a $2,569/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2003
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55311, Osseo, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,174 (100%) |
| Owner Occupied HU | 11,728 (82.7%) |
| Renter Occupied HU | 2,113 (14.9%) |
| Vacant Housing Units | 333 ( 2.3%) |
| Median Home Value | $529,294 |
| Average Home Value | $562,556 |
Housing Distribution
Address Breakdown
Residential
14,583
Single Family
13,508
Multi-Family
1,075
Businesses
526
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Listed by: Barry C Tanner • eXp Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #7008849