19708 Meadowlark Way #214, Farmington, MN, 55024 | $648/mo Cash Flow

For Sale

Fix & Flip

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Farmington at 19708 Meadowlark Way #214, Farmington, MN, 55024 generates $2,490/mo in rent and, after a $1,444/mo payment, leaves $648/mo in cash flow. Total monthly income is $2,490/mo, and annual cash flow is $7,773/yr on $97,793 invested. Return on cash invested sits at 27.86% in year one, and rental yield is 10.13% on a $295,000 entry. Equity gained on principal adds $1,904/yr, while 5% annual appreciation builds toward $81,503 over five years. Five-year ROI reaches 145.53% and total cumulative return in cash sums $142,322. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,490/mo property income rather than buyer’s personal income.

Townhouse

Built in 2004

N/A lot

$N/A/sqft

No HOA