1132 Dorthy Ln,Elko New Market,MN,55054

Investment Highlights

Rental property for sale in Elko New Market at 1132 Dorthy Ln, Elko New Market, MN, 55054 generates $2,656/mo in rent and, after a $2,080/mo payment, leaves $2/mo in cash flow. Total monthly income is $2,656/mo, and annual cash flow is $29/yr on $140,854 invested. Return on cash invested sits at 19.93% in year one, and rental yield is 7.5% on a $424,900 entry. Equity gained on principal adds $2,742/yr, while 5% annual appreciation builds toward $117,392 over five years. Five-year ROI reaches 103.04% and total cumulative return in cash sums $145,137. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,656/mo property income rather than buyer’s personal income.