110 3rd St N,Tower,MN,55790

Investment Highlights

Rental property for sale in Tower at 110 3rd St N, Tower, MN, 55790 generates $1,482/mo in rent and, after a $1,038/mo payment, leaves $158/mo in cash flow. Total monthly income is $1,482/mo, and annual cash flow is $1,894/yr on $70,278 invested. Return on cash invested sits at 22.6% in year one, and rental yield is 8.39% on a $212,000 entry. Equity gained on principal adds $1,368/yr, while 5% annual appreciation builds toward $58,572 over five years. Five-year ROI reaches 117.38% and total cumulative return in cash sums $82,495. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,482/mo property income rather than buyer’s personal income.