2665 213th St W,Farmington,MN,55024

Investment Highlights

Investment property for sale in Farmington at 2665 213th St W, Farmington, MN, 55024 offers a 8.35% rental yield on a $599,900 purchase with $4,176/mo rent. Total monthly income registers $4,176/mo, and a $2,936/mo payment leaves $430/mo available for distribution. Annual cash flow reaches $5,162/yr on $197,367 to close, and return on cash invested stands at 22.68% in year one. Equity gained on principal adds $3,871/yr while 5% annual appreciation supports $165,741 over five years. Portfolio math shows five-year ROI at 117.73% and total cumulative return in cash at $232,360. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,176/mo property income against a $2,936/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.