2689 213th St WFarmingtonMN55024




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Nearby investment properties with comparable prices

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
Rental property for sale in Farmington at 2689 213th St W, Farmington, MN, 55024 generates $2,923/mo in rent, after a $2,393/mo payment. Total monthly income is $2,923/mo. Return on cash invested sits at 18.95% in year one, and rental yield is 7.17% on a $488,900 entry. Equity gained on principal adds $3,155/yr, while 5% annual appreciation builds toward $135,074 over five years. Five-year ROI reaches 97.74% and total cumulative return in cash sums $158,403. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,923/mo property income rather than buyer’s personal income.
Single Family
Built in 2026
8,712 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices



Listed by: Andrew C. Prasky • RE/MAX Advantage Plus
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6811913








