3215 Flag Ave N, New Hope, MN, 55427 | $290/mo Cash Flow

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

Investment property for sale in New Hope at 3215 Flag Ave N, New Hope, MN, 55427 uses $140,888 cash to close to unlock $3,483/yr annual cash flow and $290/mo monthly cash flow. Total monthly income runs $2,944/mo, and a $2,080/mo payment keeps the spread at $290/mo. Purchase price stands at $425,000, and rental yield measures 8.31% with $2,944/mo rent. Return on cash invested shows 22.38% in year one, and 5% annual appreciation builds toward $117,420 over five years. Five-year ROI reaches 116.19% and total cumulative return in cash records $163,697. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,944/mo property income covering a $2,080/mo payment rather than investor’s personal income.

Single Family

Built in 1970

10,454 sqft lot

$N/A/sqft

No HOA