2058 149th Ave NW,Andover,MN,55304

Investment Highlights

Investment property for sale in Andover at 2058 149th Ave NW, Andover, MN, 55304 listed at $619,900 pairs $5,455/mo rent with a $3,034/mo payment to leave $1,584/mo cash flow. Total monthly income runs $5,455/mo, and annual cash flow reaches $19,010/yr on $203,947 cash to close. Return on cash invested measures 29.38% in year one, and rental yield registers 10.56% at a $619,900 basis. Equity gained on principal adds $4,000/yr, and annual property appreciation at 5% supports $171,267 by year five. Five-year ROI tracks 153.7% and total cumulative return in cash totals $313,460. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,455/mo property income relative to a $3,034/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).