2087 S Lake Shore DrMaple PlainMN55359
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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 Plain at 2087 S Lake Shore Dr, Maple Plain, MN, 55359 uses $213,850 cash to close to unlock $1,470/yr annual cash flow and $123/mo monthly cash flow. Total monthly income runs $4,181/mo, and a $3,181/mo payment keeps the spread at $123/mo. Purchase price stands at $650,000, and rental yield measures 7.72% with $4,181/mo rent. Return on cash invested shows 20.75% in year one, and 5% annual appreciation builds toward $179,583 over five years. Five-year ROI reaches 107.39% and total cumulative return in cash records $229,646. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,181/mo property income covering a $3,181/mo payment rather than investor’s personal income.
Single Family
Built in 1983
2.59 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55359, Maple Plain, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,574 (100%) |
| Owner Occupied HU | 2,079 (80.8%) |
| Renter Occupied HU | 376 (14.6%) |
| Vacant Housing Units | 119 ( 4.6%) |
| Median Home Value | $676,511 |
| Average Home Value | $761,520 |
Housing Distribution
Address Breakdown
Residential
2,524
Single Family
2,240
Multi-Family
284
Businesses
220
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Listed by: Benjamin T Daniels • Lakes Area Realty G.V.
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6807744