210 6th St NWMaple LakeMN55358
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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 Lake at 210 6th St NW, Maple Lake, MN, 55358 uses $106,047 cash to close to unlock $14,162/yr annual cash flow and $1,180/mo monthly cash flow. Total monthly income runs $3,178/mo, and a $1,566/mo payment keeps the spread at $1,180/mo. Purchase price stands at $319,900, and rental yield measures 11.92% with $3,178/mo rent. Return on cash invested shows 33.26% in year one, and 5% annual appreciation builds toward $88,382 over five years. Five-year ROI reaches 174.56% and total cumulative return in cash records $185,120. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,178/mo property income covering a $1,566/mo payment rather than investor’s personal income.
Single Family
Built in 1999
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55358, Maple Lake, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,545 (100%) |
| Owner Occupied HU | 1,838 (72.2%) |
| Renter Occupied HU | 261 (10.3%) |
| Vacant Housing Units | 446 (17.5%) |
| Median Home Value | $405,629 |
| Average Home Value | $467,451 |
Housing Distribution
Address Breakdown
Residential
2,062
Single Family
1,968
Multi-Family
94
Businesses
141
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Listed by: Erik Olson • North Star Pro Realty LLC
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6807877