320 Ramey RdMaple LakeMN55358
INVESTMENT ANALYSIS
Investment Verdict
Solid Income320 Ramey Rd, Maple Lake, MN, 55358 in Maple Lake is a solid income-producing rental, 8.86% gross yield, $2,287/mo rent, $352/mo net cash flow on a $309,900 buy. DSCR 1.64 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $85,620 and $2,854/yr in principal reduction project a total cumulative return of $140,211.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.9% | 7.0% |
| Monthly Cash Flow | $352 | $300 |
City averages based on Maple Lake market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,287 |
| Total Monthly Debt Service | $1,812 |
| DSCR Ratio | 1.26x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1976
0.35 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1976
0.35 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tiffini A Kiebel • Oak Realty LLP
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6743302