1036 Carmel Ct,Shoreview,MN,55126

Investment Highlights

Rental property for sale in Shoreview at 1036 Carmel Ct, Shoreview, MN, 55126 generates $1,457/mo in rent and, after a $1,052/mo payment, leaves $115/mo in cash flow. Total monthly income is $1,457/mo, and annual cash flow is $1,377/yr on $71,273 invested. Return on cash invested sits at 21.84% in year one, and rental yield is 8.13% on a $215,000 entry. Equity gained on principal adds $1,387/yr, while 5% annual appreciation builds toward $59,401 over five years. Five-year ROI reaches 113.28% and total cumulative return in cash sums $80,737. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,457/mo property income rather than buyer’s personal income.