1317 Elm St, Farmington, MN, 55024 | $947/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Farmington at 1317 Elm St, Farmington, MN, 55024 listed at $350,000 pairs $3,132/mo rent with a $1,713/mo payment to leave $947/mo cash flow. Total monthly income runs $3,132/mo, and annual cash flow reaches $11,358/yr on $116,025 cash to close. Return on cash invested measures 29.7% in year one, and rental yield registers 10.74% at a $350,000 basis. Equity gained on principal adds $2,258/yr, and annual property appreciation at 5% supports $96,699 by year five. Five-year ROI tracks 155.43% and total cumulative return in cash totals $180,338. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,132/mo property income relative to a $1,713/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1999

6,534 sqft lot

$N/A/sqft

No HOA