1123 Seurer StElko New MarketMN55054
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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
Investment property for sale in Elko New Market at 1123 Seurer St, Elko New Market, MN, 55054 with 5% annual appreciation on a $474,850 basis while $3,743/mo rent supports operations. Total monthly income totals $3,743/mo and a $2,324/mo payment preserves $488/mo for cash returns. Annual cash flow comes to $5,856/yr on $157,413 deployed, and return on cash invested reaches 23.63% in year one. Equity gained on principal adds $3,064/yr, and five-year appreciation sums $131,192 alongside rental yield of 9.46%. Five-year ROI measures 123.65% and total cumulative return in cash totals $194,648.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,743/mo property income versus a $2,324/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 2024
8,276 sqft lot
$N/A/sqft
$290 monthly HOA
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Nearby investment properties with comparable prices
Listed by: Alan S Youngkrantz • Fieldstone Real Estate Specialists
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6612295
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