420 Saint Mary StElko New MarketMN55054
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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 420 Saint Mary St, Elko New Market, MN, 55054 earns $1,331/mo cash flow from $2,574/mo rent with a $974/mo payment. Total monthly income totals $2,574/mo, and annual cash flow totals $15,976/yr on $65,969 capital. ROI tracks 44.13% on current figures, and rental yield reads 15.52% at a $199,000 purchase. Equity gained on principal adds $1,284/yr, and 5% annual appreciation supports $54,980 over five years. Five-year ROI reaches 232.83% and total cumulative return in cash sums $153,594. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,574/mo property income instead of your personal income.
Single Family
Built in 1910
0.29 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Michelle K. Hoagland • Keller Williams Preferred Rlty
Mls Name: NorthStar MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6611191
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