329 Geneva LnMaple 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 329 Geneva Ln, Maple Lake, MN, 55358 uses $102,732 cash to close to unlock $10,784/yr annual cash flow and $899/mo monthly cash flow. Total monthly income runs $2,834/mo, and a $1,517/mo payment keeps the spread at $899/mo. Purchase price stands at $309,900, and rental yield measures 10.97% with $2,834/mo rent. Return on cash invested shows 30.41% in year one, and 5% annual appreciation builds toward $85,620 over five years. Five-year ROI reaches 159.21% and total cumulative return in cash records $163,560. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,834/mo property income covering a $1,517/mo payment rather than investor’s personal income.
Townhouse
Built in 2021
3,484 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: Gary C Dagner • Oak Realty LLP
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6795622