2624 213th St W, Farmington, MN, 55024 | $599/mo Cash Flow

For Sale

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 2624 213th St W, Farmington, MN, 55024 offers a 8.66% rental yield on a $615,900 purchase with $4,445/mo rent. Total monthly income registers $4,445/mo, and a $3,015/mo payment leaves $599/mo available for distribution. Annual cash flow reaches $7,182/yr on $202,631 to close, and return on cash invested stands at 23.6% in year one. Equity gained on principal adds $3,974/yr while 5% annual appreciation supports $170,162 over five years. Portfolio math shows five-year ROI at 122.71% and total cumulative return in cash at $248,652. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,445/mo property income against a $3,015/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 2026

7,840 sqft lot

$N/A/sqft

No HOA