15607 Kumquat St NW,Andover,MN,55304

Investment Highlights

Investment property for sale in Andover at 15607 Kumquat St NW, Andover, MN, 55304 offers a 9.15% rental yield on a $399,900 purchase with $3,048/mo rent. Total monthly income registers $3,048/mo, and a $1,957/mo payment leaves $551/mo available for distribution. Annual cash flow reaches $6,614/yr on $132,567 to close, and return on cash invested stands at 24.9% in year one. Equity gained on principal adds $2,580/yr while 5% annual appreciation supports $110,485 over five years. Portfolio math shows five-year ROI at 129.69% and total cumulative return in cash at $171,932. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,048/mo property income against a $1,957/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.