8834 Bishop Ave NWMaple lakeMN55358
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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 lake at 8834 Bishop Ave NW, Maple lake, MN, 55358 earns from $2,620/mo rent with a $2,814/mo payment. Total monthly income totals $2,620/mo. ROI tracks 13.91% on current figures, and rental yield reads 5.47% at a $574,900 purchase. Equity gained on principal adds $3,710/yr, and 5% annual appreciation supports $158,834 over five years. Five-year ROI reaches 70.69% and total cumulative return in cash sums $133,707. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,620/mo property income instead of your personal income.
Single Family
Built in 1987
0.73 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: Carla L Sundblad • Oak Realty LLP
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6750754