5100 Merrimac Ln NPlymouthMN55446
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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 5100 Merrimac Ln N, Plymouth, MN, 55446 listed at $761,900 pairs $4,136/mo rent with a $3,729/mo payment. Total monthly income runs $4,136/mo. Return on cash invested measures 17.04% in year one, and rental yield registers 6.51% at a $761,900 basis. Equity gained on principal adds $4,916/yr, and annual property appreciation at 5% supports $210,499 by year five. Five-year ROI tracks 87.53% and total cumulative return in cash totals $219,406. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,136/mo property income relative to a $3,729/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2010
10,395 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55446, Minneapolis, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,069 (100%) |
| Owner Occupied HU | 8,465 (76.5%) |
| Renter Occupied HU | 2,206 (19.9%) |
| Vacant Housing Units | 398 ( 3.6%) |
| Median Home Value | $609,850 |
| Average Home Value | $626,088 |
Housing Distribution
Address Breakdown
Residential
11,409
Single Family
9,688
Multi-Family
1,721
Businesses
265
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