16355 Elm Creek Ln #9068LakevilleMN55044
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowSolid fundamentals define the investment case at 16355 Elm Creek Ln #9068, Lakeville, MN, 55044 in Lakeville: $2,432/mo in rent, $446/mo in net income, 10.81% gross yield, 2.00 DSCR, all at $270,000. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $74,596 in appreciation and $2,487/yr in principal paydown projects total cumulative return of $132,473.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.8% | 5.8% |
| Monthly Cash Flow | $446 | $420 |
City averages based on Lakeville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,432 |
| Total Monthly Debt Service | $1,879 |
| DSCR Ratio | 1.29x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 2008
43.56 sqft lot
$N/A/sqft
$300 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Townhouse
Built in 2008
43.56 sqft lot
$N/A/sqft
$300 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices