421 Main St, Farmington, MN, 55024 | $905/mo Cash Flow

For Sale

Listed for sale 5 days ago

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Farmington at 421 Main St, Farmington, MN, 55024 uses $82,212 cash to close to unlock $10,862/yr annual cash flow and $905/mo monthly cash flow. Total monthly income runs $2,454/mo, and a $1,214/mo payment keeps the spread at $905/mo. Purchase price stands at $248,000, and rental yield measures 11.87% with $2,454/mo rent. Return on cash invested shows 33.12% in year one, and 5% annual appreciation builds toward $68,518 over five years. Five-year ROI reaches 173.82% and total cumulative return in cash records $142,902. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,454/mo property income covering a $1,214/mo payment rather than investor’s personal income.

Single Family

Built in 1880

10,715 sqft lot

$N/A/sqft

No HOA