15196 Palm St NW,Andover,MN,55304

Investment Highlights

Investment property for sale in Andover at 15196 Palm St NW, Andover, MN, 55304 listed at $467,480 pairs $3,450/mo rent with a $2,288/mo payment to leave $531/mo cash flow. Total monthly income runs $3,450/mo, and annual cash flow reaches $6,371/yr on $154,970 cash to close. Return on cash invested measures 24.02% in year one, and rental yield registers 8.86% at a $467,480 basis. Equity gained on principal adds $3,017/yr, and annual property appreciation at 5% supports $129,156 by year five. Five-year ROI tracks 124.95% and total cumulative return in cash totals $193,642. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,450/mo property income relative to a $2,288/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).