6942 Ives Ln NMaple GroveMN55369
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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 6942 Ives Ln N, Maple Grove, MN, 55369 generates $2,561/mo in rent and, after a $1,330/mo payment, leaves $650/mo in cash flow. Total monthly income is $2,561/mo, and annual cash flow is $7,801/yr on $90,102 invested. Return on cash invested sits at 28.57% in year one, and rental yield is 11.31% on a $271,800 entry. Equity gained on principal adds $1,754/yr, while 5% annual appreciation builds toward $75,093 over five years. Five-year ROI reaches 150.42% and total cumulative return in cash sums $135,530. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,561/mo property income rather than buyer’s personal income.
Single Family
Built in 1976
3,920 sqft lot
$N/A/sqft
$214 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55369, Osseo, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,164 (100%) |
| Owner Occupied HU | 12,491 (68.8%) |
| Renter Occupied HU | 4,863 (26.8%) |
| Vacant Housing Units | 810 ( 4.5%) |
| Median Home Value | $405,220 |
| Average Home Value | $461,438 |
Housing Distribution
Address Breakdown
Residential
17,839
Single Family
13,985
Multi-Family
3,854
Businesses
1,528
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