10441 56th PlLake ElmoMN55042
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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
Investment property for sale in Lake Elmo at 10441 56th Pl, Lake Elmo, MN, 55042 offers a 4.28% rental yield on a $1,165,000 purchase with $4,155/mo rent. 9% in year one. Equity gained on principal adds $7,518/yr while 5% annual appreciation supports $321,868 over five years. Portfolio math shows five-year ROI at 49.33% and total cumulative return in cash at $186,195. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,155/mo property income against a $5,702/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2022
0.97 Acres lot
$N/A/sqft
$175 monthly HOA
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Nearby investment properties with comparable prices
Listed by: Soye N Chalte • RE/MAX Results
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6759564
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