8146 Balsam Ln NMaple GroveMN55369
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
Investment property for sale in Maple Grove at 8146 Balsam Ln N, Maple Grove, MN, 55369 uses $164,093 cash to close to unlock $5,361/yr annual cash flow and $447/mo monthly cash flow. Total monthly income runs $3,538/mo, and a $2,423/mo payment keeps the spread at $447/mo. Purchase price stands at $495,000, and rental yield measures 8.58% with $3,538/mo rent. Return on cash invested shows 23.18% in year one, and 5% annual appreciation builds toward $136,759 over five years. Five-year ROI reaches 120.44% and total cumulative return in cash records $197,626. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,538/mo property income covering a $2,423/mo payment rather than investor’s personal income.
Single Family
Built in 2018
2,682 sqft lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Joe Mack • RE/MAX Advantage Plus
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #7001441