18600 Icebox Ln,Lakeville,MN,55044

Investment Highlights

Investment property for sale in Lakeville at 18600 Icebox Ln, Lakeville, MN, 55044 listed at $694,980 pairs $2,760/mo rent with a $3,402/mo payment. Total monthly income runs $2,760/mo. Return on cash invested measures 11.77% in year one, and rental yield registers 4.77% at a $694,980 basis. Equity gained on principal adds $4,485/yr, and annual property appreciation at 5% supports $192,010 by year five. Five-year ROI tracks 59.22% and total cumulative return in cash totals $135,408. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,760/mo property income relative to a $3,402/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).