1949 156th Ln NW,Andover,MN,55304

Investment Highlights

Investment property for sale in Andover at 1949 156th Ln NW, Andover, MN, 55304 uses $134,258 cash to close to unlock $1,239/yr annual cash flow and $103/mo monthly cash flow. Total monthly income runs $2,632/mo, and a $1,982/mo payment keeps the spread at $103/mo. Purchase price stands at $405,000, and rental yield measures 7.8% with $2,632/mo rent. Return on cash invested shows 20.83% in year one, and 5% annual appreciation builds toward $111,894 over five years. Five-year ROI reaches 107.87% and total cumulative return in cash records $144,830. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,632/mo property income covering a $1,982/mo payment rather than investor’s personal income.