10640 Able St NE,Blaine,MN,55434

Investment Highlights

Investment property for sale in Blaine at 10640 Able St NE, Blaine, MN, 55434 offers a 8.53% rental yield on a $359,999 purchase with $2,558/mo rent. Total monthly income registers $2,558/mo, and a $1,762/mo payment leaves $310/mo available for distribution. Annual cash flow reaches $3,720/yr on $119,340 to close, and return on cash invested stands at 23.03% in year one. Equity gained on principal adds $2,323/yr while 5% annual appreciation supports $99,461 over five years. Portfolio math shows five-year ROI at 119.62% and total cumulative return in cash at $142,749. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,558/mo property income against a $1,762/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.