16 Cimarron,Lake Elmo,MN,55042

Investment Highlights

Rental property for sale in Lake Elmo at 16 Cimarron, Lake Elmo, MN, 55042 generates $1,146/mo in rent and, after a $704/mo payment, leaves $248/mo in cash flow. Total monthly income is $1,146/mo, and annual cash flow is $2,974/yr on $47,670 invested. Return on cash invested sits at 26.15% in year one, and rental yield is 9.56% on a $143,800 entry. Equity gained on principal adds $928/yr, while 5% annual appreciation builds toward $39,729 over five years. Five-year ROI reaches 136.4% and total cumulative return in cash sums $65,019. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,146/mo property income rather than buyer’s personal income.