16636 University Ave NE,Ham Lake,MN,55304

Investment Highlights

Investment property for sale in Ham Lake at 16636 University Ave NE, Ham Lake, MN, 55304 listed at $376,700 pairs $2,629/mo rent with a $1,844/mo payment to leave $276/mo cash flow. Total monthly income runs $2,629/mo, and annual cash flow reaches $3,317/yr on $124,876 cash to close. Return on cash invested measures 22.57% in year one, and rental yield registers 8.37% at a $376,700 basis. Equity gained on principal adds $2,431/yr, and annual property appreciation at 5% supports $104,075 by year five. Five-year ROI tracks 117.18% and total cumulative return in cash totals $146,325. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,629/mo property income relative to a $1,844/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).