17924 Genoa DrLakevilleMN55044
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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 Lakeville at 17924 Genoa Dr, Lakeville, MN, 55044 generates $2,610/mo in rent, after a $1,901/mo payment. Total monthly income is $2,610/mo. Return on cash invested sits at 19.67% in year one, and rental yield is 8.06% on a $388,490 entry. Equity gained on principal adds $2,507/yr, while 5% annual appreciation builds toward $107,333 over five years. Five-year ROI reaches 102.36% and total cumulative return in cash sums $131,822. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,610/mo property income rather than buyer’s personal income.
Townhouse
Built in 2025
0.04 sqft lot
$N/A/sqft
$210 monthly HOA
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Nearby investment properties with comparable prices
Listed by: Catherine M Kleve • Pulte Homes Of Minnesota, LLC
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6687131
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