18040 46th Ave NPlymouthMN55446
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Plymouth at 18040 46th Ave N, Plymouth, MN, 55446 uses $209,738 cash to close to unlock $216/yr annual cash flow and $18/mo monthly cash flow. Total monthly income runs $4,078/mo, and a $3,120/mo payment keeps the spread at $18/mo. Purchase price stands at $637,500, and rental yield measures 7.68% with $4,078/mo rent. Return on cash invested shows 20.16% in year one, and 5% annual appreciation builds toward $176,130 over five years. Five-year ROI reaches 104.43% and total cumulative return in cash records $219,025. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,078/mo property income covering a $3,120/mo payment rather than investor’s personal income.
Single Family
Built in 1997
0.27 Acres lot
$N/A/sqft
$238 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55446, Minneapolis, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,069 (100%) |
| Owner Occupied HU | 8,465 (76.5%) |
| Renter Occupied HU | 2,206 (19.9%) |
| Vacant Housing Units | 398 ( 3.6%) |
| Median Home Value | $609,850 |
| Average Home Value | $626,088 |
Housing Distribution
Address Breakdown
Residential
11,409
Single Family
9,688
Multi-Family
1,721
Businesses
265
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Listed by: Lance J Watkins • RE/MAX Results
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6692654
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