6647 Peony Ln NMaple GroveMN55311
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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
Rental property for sale in Maple Grove at 6647 Peony Ln N, Maple Grove, MN, 55311 generates $3,775/mo in rent and, after a $2,521/mo payment, leaves $559/mo in cash flow. Total monthly income is $3,775/mo, and annual cash flow is $6,705/yr on $169,435 invested. Return on cash invested sits at 24.02% in year one, and rental yield is 8.8% on a $515,000 entry. Equity gained on principal adds $3,323/yr, while 5% annual appreciation builds toward $142,285 over five years. Five-year ROI reaches 124.91% and total cumulative return in cash sums $211,645. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,775/mo property income rather than buyer’s personal income.
Townhouse
Built in 2004
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55311, Osseo, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,174 (100%) |
| Owner Occupied HU | 11,728 (82.7%) |
| Renter Occupied HU | 2,113 (14.9%) |
| Vacant Housing Units | 333 ( 2.3%) |
| Median Home Value | $529,294 |
| Average Home Value | $562,556 |
Housing Distribution
Address Breakdown
Residential
14,583
Single Family
13,508
Multi-Family
1,075
Businesses
526
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Listed by: The Holmers Group • Keller Williams Premier Realty Lake Minnetonka
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6785598