3876 Ironwood Trl NLake ElmoMN55042
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderInvestors who treat current yield as secondary to long-run equity growth will find 3876 Ironwood Trl N, Lake Elmo, MN, 55042 in Lake Elmo worth modelling. At $769,000 with a 7.71% gross yield, the $4,938/mo rent leaves $136/mo after the $3,645/mo payment, sufficient to cover costs, modest in distribution. Ziffy Mortgage's 1.35 DSCR loan can finance the acquisition without personal income documentation. Appreciation of 5%/yr is projected to add $212,461 by year five; $6,446/yr in principal reduction adds further equity. Total projected return: $286,089.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.7% | 8.0% |
| Monthly Cash Flow | $136 | $450 |
City averages based on Lake Elmo market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $4,938 |
| Total Monthly Debt Service | $4,684 |
| DSCR Ratio | 1.05x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.5% rate / 30-yr fixed, 25% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2002
0.75 Acres lot
$N/A/sqft
No HOA
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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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