309 Knights Rd, Elko New Market, MN, 55054 | 4.51% Rental Yield

For Sale

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

Rental property for sale in Elko New Market at 309 Knights Rd, Elko New Market, MN, 55054 offers $2,027/mo rent that, after a $2,643/mo payment. Total monthly income is $2,027/mo. Return on cash invested measures 10.97% in year one, and rental yield stands at 4.51% at a $539,900 entry. Equity gained on principal adds $3,484/yr while 5% annual appreciation compounds into $149,164 by year five. Five-year ROI records 54.99% and total cumulative return in cash reaches $97,675. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,027/mo property income versus a $2,643/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 2005

0.29 Acres lot

$N/A/sqft

No HOA