3083 Lakeshore AveMaple 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 3083 Lakeshore Ave, Maple Plain, MN, 55359 earns from $1,488/mo rent with a $2,937/mo payment. Total monthly income totals $1,488/mo. ROI tracks 6.33% on current figures, and rental yield reads 2.98% at a $600,000 purchase. Equity gained on principal adds $3,872/yr, and 5% annual appreciation supports $165,769 over five years. Five-year ROI reaches 30.05% and total cumulative return in cash sums $59,316. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,488/mo property income instead of your personal income.
Single Family
Built in 1930
6,969 sqft 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: Aaron W Ritchie • Coldwell Banker Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6795023