362 Cedar Ave NMaple LakeMN55358
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
Investment Highlights
Investment property for sale in Maple Lake at 362 Cedar Ave N, Maple Lake, MN, 55358 at $329,900 posts ROI 18.91% with from $2,219/mo rent. Total monthly income equals $2,219/mo. Return on cash invested measures 18.91% and rental yield reads 8.07% at the current $329,900. Equity gained on principal adds $2,129/yr, and 5% annual appreciation supports $91,145 by year five. Five-year ROI prints 98.54% and total cumulative return in cash totals $107,763. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,219/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 2023
435.60 sqft lot
$N/A/sqft
$250 monthly 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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Nearby investment properties with comparable prices
Listed by: Gary C Dagner • Oak Realty LLP
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6635578
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