413 James Pkwy,Elko New Market,MN,55054

Investment Highlights

Investment property for sale in Elko New Market at 413 James Pkwy, Elko New Market, MN, 55054 offers a 7.96% rental yield on a $574,190 purchase with $3,809/mo rent. Total monthly income registers $3,809/mo, and a $2,810/mo payment leaves $224/mo available for distribution. Annual cash flow reaches $2,686/yr on $188,909 to close, and return on cash invested stands at 21.48% in year one. Equity gained on principal adds $3,705/yr while 5% annual appreciation supports $158,638 over five years. Portfolio math shows five-year ROI at 111.31% and total cumulative return in cash at $210,272. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,809/mo property income against a $2,810/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.