2230 Ranchview Ln N UNIT 88PlymouthMN55447
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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 Plymouth at 2230 Ranchview Ln N UNIT 88, Plymouth, MN, 55447 listed at $223,900 pairs $1,496/mo rent with a $1,096/mo payment to leave $98/mo cash flow. Total monthly income runs $1,496/mo, and annual cash flow reaches $1,173/yr on $74,223 cash to close. Return on cash invested measures 21.49% in year one, and rental yield registers 8.02% at a $223,900 basis. Equity gained on principal adds $1,445/yr, and annual property appreciation at 5% supports $61,859 by year five. Five-year ROI tracks 111.41% and total cumulative return in cash totals $82,692. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,496/mo property income relative to a $1,096/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 1994
0.84 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55447, Minneapolis, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,816 (100%) |
| Owner Occupied HU | 6,054 (68.7%) |
| Renter Occupied HU | 2,428 (27.5%) |
| Vacant Housing Units | 334 ( 3.8%) |
| Median Home Value | $519,618 |
| Average Home Value | $571,537 |
Housing Distribution
Address Breakdown
Residential
8,844
Single Family
7,068
Multi-Family
1,776
Businesses
785
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