1524 89th Ave NE,Blaine,MN,55449

Investment Highlights

Investment property for sale in Blaine at 1524 89th Ave NE, Blaine, MN, 55449 listed at $498,000 pairs $3,773/mo rent with a $2,437/mo payment to leave $664/mo cash flow. Total monthly income runs $3,773/mo, and annual cash flow reaches $7,964/yr on $165,087 cash to close. Return on cash invested measures 24.73% in year one, and rental yield registers 9.09% at a $498,000 basis. Equity gained on principal adds $3,214/yr, and annual property appreciation at 5% supports $137,588 by year five. Five-year ROI tracks 128.79% and total cumulative return in cash totals $212,608. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,773/mo property income relative to a $2,437/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).