1491 Palmer Dr N #E50PMW, Lake Elmo, MN, 55042 | $133/mo Cash Flow

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 #E50PMW, Lake Elmo, MN, 55042 listed at $576,900 pairs $3,736/mo rent with a $2,824/mo payment to leave $133/mo cash flow. Total monthly income runs $3,736/mo, and annual cash flow reaches $1,598/yr on $189,800 cash to close. Return on cash invested measures 20.9% in year one, and rental yield registers 7.77% at a $576,900 basis. Equity gained on principal adds $3,723/yr, and annual property appreciation at 5% supports $159,387 by year five. Five-year ROI tracks 108.23% and total cumulative return in cash totals $205,411. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,736/mo property income relative to a $2,824/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 2023

N/A lot

$N/A/sqft

No HOA