4176 Plum Creek RdElko New MarketMN55020
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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
Investment Highlights
Investment property for sale in Elko New Market at 4176 Plum Creek Rd, Elko New Market, MN, 55020 uses $142,545 cash to close to unlock $2,490/yr annual cash flow and $208/mo monthly cash flow. Total monthly income runs $2,893/mo, and a $2,105/mo payment keeps the spread at $208/mo. Purchase price stands at $430,000, and rental yield measures 8.07% with $2,893/mo rent. Return on cash invested shows 21.66% in year one, and 5% annual appreciation builds toward $118,801 over five years. Five-year ROI reaches 112.29% and total cumulative return in cash records $160,071. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,893/mo property income covering a $2,105/mo payment rather than investor’s personal income.
Single Family
Built in 1975
3.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55020, Elko, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,500 (100%) |
| Owner Occupied HU | 1,409 (93.9%) |
| Renter Occupied HU | 65 ( 4.3%) |
| Vacant Housing Units | 26 ( 1.7%) |
| Median Home Value | $469,749 |
| Average Home Value | $515,727 |
Housing Distribution
Address Breakdown
Residential
1,430
Single Family
1,430
Multi-Family
0
Businesses
87
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Listed by: Doug Schuster • Get You Moved Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6758946