431 Cedar PlMaple 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
Rental property for sale in Maple Lake at 431 Cedar Pl, Maple Lake, MN, 55358 priced at $259,000 converts $2,386/mo rent into $508/mo cash flow after a $1,268/mo obligation. Total monthly income equals $2,386/mo, and annual cash flow totals $6,100/yr on $85,859 invested. Return on cash invested prints 27.01% in year one, and rental yield reads 11.05% against a $259,000 entry. Equity gained on principal adds $1,671/yr, while 5% annual appreciation compiles into $71,557 by year five. Five-year ROI reaches 142.37% and total cumulative return in cash sums $122,236. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,386/mo property income covering a $1,268/mo payment, not borrower’s personal income.
Townhouse
Built in 2006
2,030 sqft lot
$N/A/sqft
$260 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: Tiffini A Kiebel • Oak Realty LLP
Mls Name: NorthStar MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6596877
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