2710 Magnolia Ln NPlymouthMN55441
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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 2710 Magnolia Ln N, Plymouth, MN, 55441 uses $122,655 cash to close to unlock $3,762/yr annual cash flow and $314/mo monthly cash flow. Total monthly income runs $2,624/mo, and a $1,811/mo payment keeps the spread at $314/mo. Purchase price stands at $370,000, and rental yield measures 8.51% with $2,624/mo rent. Return on cash invested shows 22.98% in year one, and 5% annual appreciation builds toward $102,224 over five years. Five-year ROI reaches 119.37% and total cumulative return in cash records $146,417. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,624/mo property income covering a $1,811/mo payment rather than investor’s personal income.
Single Family
Built in 1973
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55441, Minneapolis, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,220 (100%) |
| Owner Occupied HU | 4,409 (53.6%) |
| Renter Occupied HU | 3,378 (41.1%) |
| Vacant Housing Units | 433 ( 5.3%) |
| Median Home Value | $489,344 |
| Average Home Value | $556,378 |
Housing Distribution
Address Breakdown
Residential
8,208
Single Family
5,095
Multi-Family
3,113
Businesses
899
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