405 James PkwyElko New MarketMN55054
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Investment Highlights
Investment property for sale in Elko New Market at 405 James Pkwy, Elko New Market, MN, 55054 with 5% annual appreciation on a $520,000 basis while $3,241/mo rent supports operations. 02% in year one. Equity gained on principal adds $3,355/yr, and five-year appreciation sums $143,666 alongside rental yield of 7.48%. Five-year ROI measures 103.45% and total cumulative return in cash totals $176,987. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,241/mo property income versus a $2,545/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2025
8,712 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lynn Lake • M/I Homes
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #7004506