10973 37th St N,Lake Elmo,MN,55042

Investment Highlights

Rental property for sale in Lake Elmo at 10973 37th St N, Lake Elmo, MN, 55042 generates $3,660/mo in rent and, after a $2,791/mo payment, leaves $99/mo in cash flow. Total monthly income is $3,660/mo, and annual cash flow is $1,192/yr on $187,578 invested. Return on cash invested sits at 20.7% in year one, and rental yield is 7.7% on a $570,145 entry. Equity gained on principal adds $3,679/yr, while 5% annual appreciation builds toward $157,521 over five years. Five-year ROI reaches 107.12% and total cumulative return in cash sums $200,926. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,660/mo property income rather than buyer’s personal income.