4940 Underwood Ln N #4940BPlymouthMN55442
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 Plymouth at 4940 Underwood Ln N #4940B, Plymouth, MN, 55442 earns $131/mo cash flow from $2,020/mo rent with a $1,481/mo payment. Total monthly income totals $2,020/mo, and annual cash flow totals $1,568/yr on $100,279 capital. ROI tracks 21.47% on current figures, and rental yield reads 8.01% at a $302,500 purchase. Equity gained on principal adds $1,952/yr, and 5% annual appreciation supports $83,575 over five years. Five-year ROI reaches 111.32% and total cumulative return in cash sums $111,629. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,020/mo property income instead of your personal income.
Condo
Built in 2005
0.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55442, Minneapolis, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,581 (100%) |
| Owner Occupied HU | 4,031 (72.2%) |
| Renter Occupied HU | 1,369 (24.5%) |
| Vacant Housing Units | 181 ( 3.2%) |
| Median Home Value | $466,721 |
| Average Home Value | $503,599 |
Housing Distribution
Address Breakdown
Residential
5,792
Single Family
4,301
Multi-Family
1,491
Businesses
167
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