387 Cimarron,Lake Elmo,MN,55042

Investment Highlights

Rental property for sale in Lake Elmo at 387 Cimarron, Lake Elmo, MN, 55042 offers $1,161/mo rent that, after a $715/mo payment, leaves $249/mo cash flow. Total monthly income is $1,161/mo, and annual cash flow is $2,987/yr on $48,399 cash. Return on cash invested measures 26.08% in year one, and rental yield stands at 9.54% at a $146,000 entry. Equity gained on principal adds $942/yr while 5% annual appreciation compounds into $40,337 by year five. Five-year ROI records 136.02% and total cumulative return in cash reaches $65,830. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,161/mo property income versus a $715/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.