19111 Cloverleaf WayFarmingtonMN55024
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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 Farmington at 19111 Cloverleaf Way, Farmington, MN, 55024 generates $2,998/mo in rent, after a $2,575/mo payment. Total monthly income is $2,998/mo. Return on cash invested sits at 16.8% in year one, and rental yield is 6.84% on a $526,100 entry. Equity gained on principal adds $3,395/yr, while 5% annual appreciation builds toward $145,352 over five years. Five-year ROI reaches 86.67% and total cumulative return in cash sums $150,018. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,998/mo property income rather than buyer’s personal income.
Single Family
Built in 2024
6,969 sqft lot
$N/A/sqft
$183 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Robin Holmberg • LPT Realty, LLC
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6615340
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