20514 Erin Ct #15, Farmington, MN, 55024 | $566/mo Cash Flow

For Sale

Listed for sale 5 days ago

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 20514 Erin Ct #15, Farmington, MN, 55024 listed at $308,000 pairs $2,490/mo rent with a $1,508/mo payment to leave $566/mo cash flow. Total monthly income runs $2,490/mo, and annual cash flow reaches $6,794/yr on $102,102 cash to close. Return on cash invested measures 26.56% in year one, and rental yield registers 9.7% at a $308,000 basis. Equity gained on principal adds $1,987/yr, and annual property appreciation at 5% supports $85,095 by year five. Five-year ROI tracks 138.63% and total cumulative return in cash totals $141,544. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,490/mo property income relative to a $1,508/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Townhouse

Built in 2002

870 sqft lot

$N/A/sqft

No HOA