19956 Evensong Ave, Farmington, MN, 55024 | $478/mo Cash Flow

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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

Investment property for sale in Farmington at 19956 Evensong Ave, Farmington, MN, 55024 uses $152,490 cash to close to unlock $5,736/yr annual cash flow and $478/mo monthly cash flow. Total monthly income runs $3,350/mo, and a $2,251/mo payment keeps the spread at $478/mo. Purchase price stands at $460,000, and rental yield measures 8.74% with $3,350/mo rent. Return on cash invested shows 23.67% in year one, and 5% annual appreciation builds toward $127,090 over five years. Five-year ROI reaches 123.07% and total cumulative return in cash records $187,669. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,350/mo property income covering a $2,251/mo payment rather than investor’s personal income.

Single Family

Built in 2001

0.27 Acres lot

$N/A/sqft

No HOA