13314 Quinn St NW,Andover,MN,55304

Investment Highlights

Investment property for sale in Andover at 13314 Quinn St NW, Andover, MN, 55304 offers a 8.61% rental yield on a $234,900 purchase with $1,685/mo rent. Total monthly income registers $1,685/mo, and a $1,150/mo payment leaves $218/mo available for distribution. Annual cash flow reaches $2,615/yr on $77,869 to close, and return on cash invested stands at 23.27% in year one. Equity gained on principal adds $1,516/yr while 5% annual appreciation supports $64,899 over five years. Portfolio math shows five-year ROI at 120.92% and total cumulative return in cash at $94,161. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,685/mo property income against a $1,150/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.