8932 Olive Ln NMaple GroveMN55311
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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 8932 Olive Ln N, Maple Grove, MN, 55311 generates $2,886/mo in rent and, after a $1,223/mo payment, leaves $1,326/mo in cash flow. Total monthly income is $2,886/mo, and annual cash flow is $15,908/yr on $82,842 invested. Return on cash invested sits at 39.11% in year one, and rental yield is 13.86% on a $249,900 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation builds toward $69,043 over five years. Five-year ROI reaches 205.91% and total cumulative return in cash sums $170,582. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,886/mo property income rather than buyer’s personal income.
Townhouse
Built in 1999
0.57 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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Listed by: Sandra W Cleland • RE/MAX Results
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6761782