15180 Palm St NW,Andover,MN,55304

Investment Highlights

Investment property for sale in Andover at 15180 Palm St NW, Andover, MN, 55304 uses $135,769 cash to close to unlock $853/yr annual cash flow and $71/mo monthly cash flow. Total monthly income runs $2,629/mo, and a $2,005/mo payment keeps the spread at $71/mo. Purchase price stands at $409,560, and rental yield measures 7.7% with $2,629/mo rent. Return on cash invested shows 20.54% in year one, and 5% annual appreciation builds toward $113,154 over five years. Five-year ROI reaches 106.31% and total cumulative return in cash records $144,341. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,629/mo property income covering a $2,005/mo payment rather than investor’s personal income.