2800 Hillsboro Ave N APT 105,New Hope,MN,55427

Investment Highlights

Rental property for sale in New Hope at 2800 Hillsboro Ave N APT 105, New Hope, MN, 55427 generates $941/mo in rent and, after a $612/mo payment, leaves $160/mo in cash flow. Total monthly income is $941/mo, and annual cash flow is $1,923/yr on $41,438 invested. Return on cash invested sits at 24.55% in year one, and rental yield is 9.03% on a $125,000 entry. Equity gained on principal adds $807/yr, while 5% annual appreciation builds toward $34,535 over five years. Five-year ROI reaches 127.9% and total cumulative return in cash sums $52,997. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $941/mo property income rather than buyer’s personal income.