11224 204th St W UNIT 1001LakevilleMN55044
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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 Lakeville at 11224 204th St W UNIT 1001, Lakeville, MN, 55044 generates $2,546/mo in rent and, after a $1,468/mo payment, leaves $332/mo in cash flow. Total monthly income is $2,546/mo, and annual cash flow is $3,984/yr on $99,450 invested. Return on cash invested sits at 23.92% in year one, and rental yield is 10.18% on a $300,000 entry. Equity gained on principal adds $1,936/yr, while 5% annual appreciation builds toward $82,884 over five years. Five-year ROI reaches 125.88% and total cumulative return in cash sums $125,184. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,546/mo property income rather than buyer’s personal income.
Townhouse
Built in 2004
N/A lot
$N/A/sqft
$341 monthly HOA
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Nearby investment properties with comparable prices
Listed by: Troy F. Friedges • Coldwell Banker Realty
Mls Name: NorthStar MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6557879
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