1491 Palmer Dr N #3QOSVB, Lake Elmo, MN, 55042 | 7.47% Rental Yield

Off market

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 Lake Elmo at 1491 Palmer Dr N #3QOSVB, Lake Elmo, MN, 55042 earns from $4,441/mo rent with a $3,490/mo payment. Total monthly income totals $4,441/mo. ROI tracks 20% on current figures, and rental yield reads 7.47% at a $713,000 purchase. Equity gained on principal adds $4,601/yr, and 5% annual appreciation supports $196,989 over five years. Five-year ROI reaches 103.38% and total cumulative return in cash sums $242,501. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,441/mo property income instead of your personal income.

Single Family

Built in 2023

N/A lot

$N/A/sqft

No HOA