20055 Heritage Dr,Lakeville,MN,55044

Investment Highlights

Rental property for sale in Lakeville at 20055 Heritage Dr, Lakeville, MN, 55044 generates $2,380/mo in rent and, after a $1,317/mo payment, leaves $700/mo in cash flow. Total monthly income is $2,380/mo, and annual cash flow is $8,398/yr on $89,174 invested. Return on cash invested sits at 29.33% in year one, and rental yield is 10.62% on a $269,000 entry. Equity gained on principal adds $1,736/yr, while 5% annual appreciation builds toward $74,320 over five years. Five-year ROI reaches 153.42% and total cumulative return in cash sums $136,811. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,380/mo property income rather than buyer’s personal income.