20771 Independence Ave,Lakeville,MN,55044

Investment Highlights

Investment property for sale in Lakeville at 20771 Independence Ave, Lakeville, MN, 55044 listed at $619,900 pairs $4,132/mo rent with a $3,034/mo payment to leave $261/mo cash flow. Total monthly income runs $4,132/mo, and annual cash flow reaches $3,134/yr on $203,947 cash to close. Return on cash invested measures 21.6% in year one, and rental yield registers 8% 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 111.95% and total cumulative return in cash totals $228,320. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,132/mo property income relative to a $3,034/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).