8151 Griffith Ave NWMaple LakeMN55358
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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 Lake at 8151 Griffith Ave NW, Maple Lake, MN, 55358 generates $2,010/mo in rent and, after a $1,468/mo payment, leaves $137/mo in cash flow. Total monthly income is $2,010/mo, and annual cash flow is $1,644/yr on $99,450 invested. Return on cash invested sits at 21.56% in year one, and rental yield is 8.04% on a $300,000 entry. Equity gained on principal adds $1,936/yr, while 5% annual appreciation builds toward $82,884 over five years. Five-year ROI reaches 111.77% and total cumulative return in cash sums $111,156. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,010/mo property income rather than buyer’s personal income.
Single Family
Built in 1964
0.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55358, Maple Lake, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,545 (100%) |
| Owner Occupied HU | 1,838 (72.2%) |
| Renter Occupied HU | 261 (10.3%) |
| Vacant Housing Units | 446 (17.5%) |
| Median Home Value | $405,629 |
| Average Home Value | $467,451 |
Housing Distribution
Address Breakdown
Residential
2,062
Single Family
1,968
Multi-Family
94
Businesses
141
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Listed by: Kelsey Conlin Hamilton • Real Broker, LLC
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6816348