11423 280th St,Onamia,MN,56359

Investment Highlights

Investment property for sale in Onamia at 11423 280th St, Onamia, MN, 56359 listed at $229,900 pairs $1,908/mo rent with a $1,125/mo payment to leave $473/mo cash flow. Total monthly income runs $1,908/mo, and annual cash flow reaches $5,672/yr on $76,212 cash to close. Return on cash invested measures 27.35% in year one, and rental yield registers 9.96% at a $229,900 basis. Equity gained on principal adds $1,484/yr, and annual property appreciation at 5% supports $63,517 by year five. Five-year ROI tracks 142.83% and total cumulative return in cash totals $108,851. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,908/mo property income relative to a $1,125/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).