150 Ridgeview Ln, Elko New Market, MN, 55054 | 5.12% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

2 Bed
1 Bath
1076 sft

4496 Cinnamon Ridge Trl #B, Eagan, MN, 55122

2 Bed
1 Bath
950 sft

12936 Nicollet Ave S #202, Burnsville, MN, 55337

3 Bed
3 Bath
3332 sft

2704 Oak Lawn Dr, Northfield, MN, 55057

2 Bed
2 Bath
1518 sft

17031 Eastwood Ave UNIT 38, Farmington, MN, 55024

Nearby investment properties with comparable prices

3 Bed
3 Bath
1719 sft

14408 Allerton Way, Rosemount, MN, 55068

3 Bed
3 Bath
1832 sft

6618 141st Ter, Savage, MN, 55378

2 Bed
3 Bath
2843 sft

3774 Majestic Ln NW, Prior Lake, MN, 55372

3 Bed
3 Bath
2162 sft

9760 Picket Dr, Eden Prairie, MN, 55347

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Elko New Market at 150 Ridgeview Ln, Elko New Market, MN, 55054 earns from $2,027/mo rent with a $2,326/mo payment. Total monthly income totals $2,027/mo. ROI tracks 12.74% on current figures, and rental yield reads 5.12% at a $475,305 purchase. Equity gained on principal adds $3,067/yr, and 5% annual appreciation supports $131,318 over five years. Five-year ROI reaches 64.5% and total cumulative return in cash sums $101,635. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,027/mo property income instead of your personal income.

Single Family

Built in 2025

N/A lot

$N/A/sqft

No HOA