2206 Elk Run Dr SE,Pine Island,MN,55963

Investment Highlights

Investment property for sale in Pine Island at 2206 Elk Run Dr SE, Pine Island, MN, 55963 offers a 8.6% rental yield on a $439,900 purchase with $3,151/mo rent. Total monthly income registers $3,151/mo, and a $2,153/mo payment leaves $404/mo available for distribution. Annual cash flow reaches $4,850/yr on $145,827 to close, and return on cash invested stands at 23.23% in year one. Equity gained on principal adds $2,839/yr while 5% annual appreciation supports $121,536 over five years. Portfolio math shows five-year ROI at 120.77% and total cumulative return in cash at $176,115. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,151/mo property income against a $2,153/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.