5183 Independence StMaple PlainMN55359
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 Plain at 5183 Independence St, Maple Plain, MN, 55359 generates $3,887/mo in rent and, after a $2,325/mo payment, leaves $921/mo in cash flow. Total monthly income is $3,887/mo, and annual cash flow is $11,049/yr on $157,463 invested. Return on cash invested sits at 26.93% in year one, and rental yield is 9.82% on a $475,000 entry. Equity gained on principal adds $3,065/yr, while 5% annual appreciation builds toward $131,234 over five years. Five-year ROI reaches 140.54% and total cumulative return in cash sums $221,299. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,887/mo property income rather than buyer’s personal income.
Single Family
Built in 1948
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55359, Maple Plain, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,574 (100%) |
| Owner Occupied HU | 2,079 (80.8%) |
| Renter Occupied HU | 376 (14.6%) |
| Vacant Housing Units | 119 ( 4.6%) |
| Median Home Value | $676,511 |
| Average Home Value | $761,520 |
Housing Distribution
Address Breakdown
Residential
2,524
Single Family
2,240
Multi-Family
284
Businesses
220
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Thomas E Fleetham • Compass
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6823255