17151 Hannibal Ct,Lakeville,MN,55044

Investment Highlights

Investment property for sale in Lakeville at 17151 Hannibal Ct, Lakeville, MN, 55044 listed at $424,900 pairs $3,371/mo rent with a $2,080/mo payment to leave $717/mo cash flow. Total monthly income runs $3,371/mo, and annual cash flow reaches $8,609/yr on $140,854 cash to close. Return on cash invested measures 26.02% in year one, and rental yield registers 9.52% at a $424,900 basis. Equity gained on principal adds $2,742/yr, and annual property appreciation at 5% supports $117,392 by year five. Five-year ROI tracks 135.7% and total cumulative return in cash totals $191,133. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,371/mo property income relative to a $2,080/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).