1100 Walnut StFarmingtonMN55024
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in Farmington at 1100 Walnut St, Farmington, MN, 55024 offers $2,664/mo rent that, after a $1,727/mo payment, leaves $412/mo cash flow. Total monthly income is $2,664/mo, and annual cash flow is $4,939/yr on $116,986 cash. Return on cash invested measures 24.13% in year one, and rental yield stands at 9.06% at a $352,900 entry. Equity gained on principal adds $2,277/yr while 5% annual appreciation compounds into $97,500 by year five. Five-year ROI records 125.75% and total cumulative return in cash reaches $147,108. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,664/mo property income versus a $1,727/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1996
6,098 sqft lot
$N/A/sqft
$475 annually HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Danielle Kraska • Core Properties
Mls Name: NorthStar MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6576147
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