410 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
Rental property for sale in Elko New Market at 410 James Pkwy, Elko New Market, MN, 55054 priced at $555,930 pairs $3,977/mo rent with $505/mo cash flow after a $2,721/mo payment. Total monthly income equals $3,977/mo, and annual cash flow comes to $6,066/yr on $182,901 invested. Return on cash invested is 23.38% in year one, and rental yield stands at 8.58% on a $555,930 basis. Equity gained on principal adds $3,587/yr, and 5% annual appreciation accumulates to $153,593 by year five. Five-year ROI measures 121.48% and total cumulative return in cash reaches $222,192. For financing, Ziffy Mortgage’s DSCR program evaluates $3,977/mo property income against a $2,721/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2025
8,276 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: #7004508







