169 Hickory CtFarmingtonMN55024








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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
Rental property for sale in Farmington at 169 Hickory Ct, Farmington, MN, 55024 generates $2,252/mo in rent and, after a $1,443/mo payment, leaves $411/mo in cash flow. Total monthly income is $2,252/mo, and annual cash flow is $4,931/yr on $97,759 invested. Return on cash invested sits at 24.95% in year one, and rental yield is 9.16% on a $294,900 entry. Equity gained on principal adds $1,903/yr, while 5% annual appreciation builds toward $81,475 over five years. Five-year ROI reaches 129.95% and total cumulative return in cash sums $127,039. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,252/mo property income rather than buyer’s personal income.
Townhouse
Built in 1994
2,178 sqft lot
$N/A/sqft
No HOA
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Listed by: Eric A. Ruud • Top Notch Properties & Realty Services
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6799179








