1304 153rd Ln NE,Ham Lake,MN,55304

Investment Highlights

Investment property for sale in Ham Lake at 1304 153rd Ln NE, Ham Lake, MN, 55304 uses $97,793 cash to close to unlock $2,853/yr annual cash flow and $238/mo monthly cash flow. Total monthly income runs $2,080/mo, and a $1,444/mo payment keeps the spread at $238/mo. Purchase price stands at $295,000, and rental yield measures 8.46% with $2,080/mo rent. Return on cash invested shows 22.83% in year one, and 5% annual appreciation builds toward $81,503 over five years. Five-year ROI reaches 118.56% and total cumulative return in cash records $115,946. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,080/mo property income covering a $1,444/mo payment rather than investor’s personal income.