2460 119th Ct NE UNIT DBlaineMN55449
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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
Investment Highlights
Investment property for sale in Blaine at 2460 119th Ct NE UNIT D, Blaine, MN, 55449 offers a 11.25% rental yield on a $317,000 purchase with $2,971/mo rent. Total monthly income registers $2,971/mo, and a $1,552/mo payment leaves $714/mo available for distribution. Annual cash flow reaches $8,569/yr on $105,086 to close, and return on cash invested stands at 28.06% in year one. Equity gained on principal adds $2,046/yr while 5% annual appreciation supports $87,581 over five years. Portfolio math shows five-year ROI at 147.83% and total cumulative return in cash at $155,349. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,971/mo property income against a $1,552/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2003
1,742 sqft lot
$N/A/sqft
$277 monthly HOA
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Nearby investment properties with comparable prices
Listed by: Kosol P. Sek • Forsalebyweb.com
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6742604
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