329 & 327 16th Ave N,Hopkins,MN,55343

Investment Highlights

Rental property for sale in Hopkins at 329 & 327 16th Ave N, Hopkins, MN, 55343 generates $3,000/mo in rent and, after a $2,276/mo payment, leaves $96/mo in cash flow. Total monthly income is $3,000/mo, and annual cash flow is $1,155/yr on $154,148 invested. Return on cash invested sits at 20.66% in year one, and rental yield is 7.74% on a $465,000 entry. Equity gained on principal adds $3,001/yr, while 5% annual appreciation builds toward $128,471 over five years. Five-year ROI reaches 106.95% and total cumulative return in cash sums $164,867. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,000/mo property income rather than buyer’s personal income.