2801 Flag Ave N APT 323, New Hope, MN, 55427 | $1,259/mo Cash Flow

Off market

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 New Hope at 2801 Flag Ave N APT 323, New Hope, MN, 55427 uses $39,382 cash to close to unlock $15,113/yr annual cash flow and $1,259/mo monthly cash flow. Total monthly income runs $2,063/mo, and a $581/mo payment keeps the spread at $1,259/mo. Purchase price stands at $118,800, and rental yield measures 20.84% with $2,063/mo rent. Return on cash invested shows 58.29% in year one, and 5% annual appreciation builds toward $32,822 over five years. Five-year ROI reaches 309.44% and total cumulative return in cash records $121,862. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,063/mo property income covering a $581/mo payment rather than investor’s personal income.

Condo

Built in 1970

3.29 Acres lot

$N/A/sqft

No HOA