16154 Main Ave SE UNIT 212,Prior Lake,MN,55372

Investment Highlights

Investment property for sale in Prior Lake at 16154 Main Ave SE UNIT 212, Prior Lake, MN, 55372 listed at $220,000 pairs $1,626/mo rent with a $1,077/mo payment to leave $252/mo cash flow. Total monthly income runs $1,626/mo, and annual cash flow reaches $3,024/yr on $72,930 cash to close. Return on cash invested measures 24.06% in year one, and rental yield registers 8.87% at a $220,000 basis. Equity gained on principal adds $1,420/yr, and annual property appreciation at 5% supports $60,782 by year five. Five-year ROI tracks 125.15% and total cumulative return in cash totals $91,271. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,626/mo property income relative to a $1,077/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).