17031 Eastwood Ave UNIT 38FarmingtonMN55024








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


Investment Highlights
Investment property for sale in Farmington at 17031 Eastwood Ave UNIT 38, Farmington, MN, 55024 uses $84,533 cash to close to unlock $1,629/yr annual cash flow and $136/mo monthly cash flow. Total monthly income runs $1,728/mo, and a $1,248/mo payment keeps the spread at $136/mo. Purchase price stands at $255,000, and rental yield measures 8.13% with $1,728/mo rent. Return on cash invested shows 21.84% in year one, and 5% annual appreciation builds toward $70,452 over five years. Five-year ROI reaches 113.25% and total cumulative return in cash records $95,732. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,728/mo property income covering a $1,248/mo payment rather than investor’s personal income.
Townhouse
Built in 2002
N/A lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices



Listed by: Joshua Kirchert • LPT Realty, LLC
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6760734








