3600 Wedgewood 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 3600 Wedgewood Ln N, Plymouth, MN, 55441 offers a 5.02% rental yield on a $825,000 purchase with $3,454/mo rent. 55% in year one. Equity gained on principal adds $5,324/yr while 5% annual appreciation supports $227,932 over five years. Portfolio math shows five-year ROI at 63.45% and total cumulative return in cash at $172,233. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,454/mo property income against a $4,038/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1987
0.64 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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