157 Ridgeview Ln,Elko New Market,MN,55054

Investment Highlights

Investment property for sale in Elko New Market at 157 Ridgeview Ln, Elko New Market, MN, 55054 listed at $474,632 pairs $2,027/mo rent with a $2,323/mo payment. Total monthly income runs $2,027/mo. Return on cash invested measures 12.76% in year one, and rental yield registers 5.12% at a $474,632 basis. Equity gained on principal adds $3,063/yr, and annual property appreciation at 5% supports $131,132 by year five. Five-year ROI tracks 64.61% and total cumulative return in cash totals $101,663. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,027/mo property income relative to a $2,323/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).