108 4th St SW,Pine Island,MN,55963

Investment Highlights

Investment property for sale in Pine Island at 108 4th St SW, Pine Island, MN, 55963 listed at $189,900 pairs $1,200/mo rent with a $929/mo payment to leave $15/mo cash flow. Total monthly income runs $1,200/mo, and annual cash flow reaches $176/yr on $62,952 cash to close. Return on cash invested measures 20.19% in year one, and rental yield registers 7.58% at a $189,900 basis. Equity gained on principal adds $1,225/yr, and annual property appreciation at 5% supports $52,466 by year five. Five-year ROI tracks 104.41% and total cumulative return in cash totals $65,729. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,200/mo property income relative to a $929/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).