15175 Palm St NW,Andover,MN,55304

Investment Highlights

Investment property for sale in Andover at 15175 Palm St NW, Andover, MN, 55304 uses $134,854 cash to close to unlock $1,066/yr annual cash flow and $89/mo monthly cash flow. Total monthly income runs $2,629/mo, and a $1,991/mo payment keeps the spread at $89/mo. Purchase price stands at $406,800, and rental yield measures 7.76% with $2,629/mo rent. Return on cash invested shows 20.7% in year one, and 5% annual appreciation builds toward $112,391 over five years. Five-year ROI reaches 107.15% and total cumulative return in cash records $144,495. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,629/mo property income covering a $1,991/mo payment rather than investor’s personal income.