17850 Evershed Way,Lakeville,MN,55044

Investment Highlights

Investment property for sale in Lakeville at 17850 Evershed Way, Lakeville, MN, 55044 listed at $659,900 pairs $4,636/mo rent with a $3,230/mo payment to leave $515/mo cash flow. Total monthly income runs $4,636/mo, and annual cash flow reaches $6,182/yr on $217,107 cash to close. Return on cash invested measures 22.91% in year one, and rental yield registers 8.43% at a $659,900 basis. Equity gained on principal adds $4,258/yr, and annual property appreciation at 5% supports $182,318 by year five. Five-year ROI tracks 118.97% and total cumulative return in cash totals $258,302. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,636/mo property income relative to a $3,230/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).