11145 6th Street Cir NLake ElmoMN55042
INVESTMENT ANALYSIS
Investment Verdict
Solid Income11145 6th Street Cir N, Lake Elmo, MN, 55042 in Lake Elmo is a solid income-producing rental, 9.71% gross yield, $4,855/mo rent, $749/mo net cash flow on a $599,900 buy. DSCR 1.80 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $165,741 and $5,525/yr in principal reduction project a total cumulative return of $298,992.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.7% | 8.0% |
| Monthly Cash Flow | $749 | $450 |
City averages based on Lake Elmo market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $4,855 |
| Total Monthly Debt Service | $3,507 |
| DSCR Ratio | 1.38x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 2020
8,886 sqft lot
$N/A/sqft
No HOA
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
Townhouse
Built in 2020
8,886 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices