1956 Royal Blvd NLake ElmoMN55042
Nearby investment properties with comparable rents
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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 Lake Elmo at 1956 Royal Blvd N, Lake Elmo, MN, 55042 offers $5,098/mo rent that, after a $5,150/mo payment. Total monthly income is $5,098/mo. Return on cash invested measures 14.83% in year one, and rental yield stands at 5.81% at a $1,052,220 entry. Equity gained on principal adds $6,790/yr while 5% annual appreciation compounds into $290,709 by year five. Five-year ROI records 75.74% and total cumulative return in cash reaches $258,198. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,098/mo property income versus a $5,150/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
0.25 Acres lot
$N/A/sqft
$300 quarterly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lennar Minnesota • Lennar Sales Corp
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6703826
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