17295 Ward Lake Dr NW,Andover,MN,55304

Investment Highlights

Investment property for sale in Andover at 17295 Ward Lake Dr NW, Andover, MN, 55304 listed at $594,900 pairs $4,147/mo rent with a $2,912/mo payment to leave $432/mo cash flow. Total monthly income runs $4,147/mo, and annual cash flow reaches $5,183/yr on $195,722 cash to close. Return on cash invested measures 22.71% in year one, and rental yield registers 8.37% at a $594,900 basis. Equity gained on principal adds $3,839/yr, and annual property appreciation at 5% supports $164,360 by year five. Five-year ROI tracks 117.89% and total cumulative return in cash totals $230,731. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,147/mo property income relative to a $2,912/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).