8014 Berkshire Ln NMaple GroveMN55311
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 Grove at 8014 Berkshire Ln N, Maple Grove, MN, 55311 offers $3,413/mo rent that, after a $2,080/mo payment, leaves $719/mo cash flow. Total monthly income is $3,413/mo, and annual cash flow is $8,622/yr on $140,888 cash. Return on cash invested measures 26.03% in year one, and rental yield stands at 9.64% at a $425,000 entry. Equity gained on principal adds $2,742/yr while 5% annual appreciation compounds into $117,420 by year five. Five-year ROI records 135.86% and total cumulative return in cash reaches $191,405. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,413/mo property income versus a $2,080/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1990
0.42 Acres 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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Nearby investment properties with comparable prices
Listed by: Michael B. Murphy • Epique Realty
Mls Name: NorthStar MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6611520
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