266 Janice St,Shoreview,MN,55126

Investment Highlights

Investment property for sale in Shoreview at 266 Janice St, Shoreview, MN, 55126 listed at $278,500 pairs $2,029/mo rent with a $1,363/mo payment to leave $236/mo cash flow. Total monthly income runs $2,029/mo, and annual cash flow reaches $2,829/yr on $92,323 cash to close. Return on cash invested measures 22.97% in year one, and rental yield registers 8.74% at a $278,500 basis. Equity gained on principal adds $1,797/yr, and annual property appreciation at 5% supports $76,944 by year five. Five-year ROI tracks 119.61% and total cumulative return in cash totals $110,430. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,029/mo property income relative to a $1,363/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).