16096 Harmony Path,Lakeville,MN,55044

Investment Highlights

Investment property for sale in Lakeville at 16096 Harmony Path, Lakeville, MN, 55044 offers a 9.04% rental yield on a $699,900 purchase with $5,272/mo rent. Total monthly income registers $5,272/mo, and a $3,426/mo payment leaves $901/mo available for distribution. Annual cash flow reaches $10,814/yr on $230,267 to close, and return on cash invested stands at 24.76% in year one. Equity gained on principal adds $4,516/yr while 5% annual appreciation supports $193,369 over five years. Portfolio math shows five-year ROI at 128.89% and total cumulative return in cash at $296,792. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,272/mo property income against a $3,426/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.