19189 Echo Ln,Farmington,MN,55024

Investment Highlights

Investment property for sale in Farmington at 19189 Echo Ln, Farmington, MN, 55024 offers a 11.51% rental yield on a $479,000 purchase with $4,594/mo rent. Total monthly income registers $4,594/mo, and a $2,344/mo payment leaves $1,603/mo available for distribution. Annual cash flow reaches $19,240/yr on $158,789 to close, and return on cash invested stands at 32.03% in year one. Equity gained on principal adds $3,091/yr while 5% annual appreciation supports $132,339 over five years. Portfolio math shows five-year ROI at 167.9% and total cumulative return in cash at $266,607. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,594/mo property income against a $2,344/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.