192 Junco RdLake ElmoMN55042
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Lake Elmo at 192 Junco Rd, Lake Elmo, MN, 55042 offers $3,508/mo rent that, after a $2,251/mo payment, leaves $405/mo cash flow. Total monthly income is $3,508/mo, and annual cash flow is $4,862/yr on $152,457 cash. Return on cash invested measures 23.1% in year one, and rental yield stands at 9.15% at a $459,900 entry. Equity gained on principal adds $2,968/yr while 5% annual appreciation compounds into $127,062 by year five. Five-year ROI records 120.7% and total cumulative return in cash reaches $184,014. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,508/mo property income versus a $2,251/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 2022
2,178 sqft lot
$N/A/sqft
$231 monthly HOA
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Nearby investment properties with comparable prices
Listed by: Charles L Eckberg • RE/MAX Results
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6718288
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