16424 Elm Creek Ln #4029LakevilleMN55044








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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


Investment Highlights
Investment property for sale in Lakeville at 16424 Elm Creek Ln #4029, Lakeville, MN, 55044 offers a 10.99% rental yield on a $284,900 purchase with $2,610/mo rent. Total monthly income registers $2,610/mo, and a $1,394/mo payment leaves $831/mo available for distribution. Annual cash flow reaches $9,977/yr on $94,444 to close, and return on cash invested stands at 30.47% in year one. Equity gained on principal adds $1,838/yr while 5% annual appreciation supports $78,713 over five years. Portfolio math shows five-year ROI at 159.59% and total cumulative return in cash at $150,719. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,610/mo property income against a $1,394/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2007
N/A lot
$N/A/sqft
No HOA
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