129 141st Ln NW,Andover,MN,55304

Investment Highlights

Rental property for sale in Andover at 129 141st Ln NW, Andover, MN, 55304 generates $2,924/mo in rent and, after a $2,202/mo payment, leaves $115/mo in cash flow. Total monthly income is $2,924/mo, and annual cash flow is $1,376/yr on $149,142 invested. Return on cash invested sits at 20.83% in year one, and rental yield is 7.8% on a $449,900 entry. Equity gained on principal adds $2,903/yr, while 5% annual appreciation builds toward $124,299 over five years. Five-year ROI reaches 107.86% and total cumulative return in cash sums $160,858. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,924/mo property income rather than buyer’s personal income.