429 James Pkwy, Elko New Market, MN, 55054 | $727/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

5 Bed
3 Bath
3204 sft

104 Knoll Cir E, Burnsville, MN, 55337

4 Bed
3 Bath
2685 sft

727 Holmes St S, Shakopee, MN, 55379

3 Bed
2 Bath
2271 sft

17150 Heywood Ct, Lakeville, MN, 55044

5 Bed
3 Bath
3116 sft

18077 Everglade Ct, Farmington, MN, 55024

Nearby investment properties with comparable prices

3 Bed
3 Bath
2305 sft

Hannah Plan, Beaumont Bluffs, Jordan, MN, 55352

4 Bed
3 Bath
2024 sft

4231 Yorktown Dr, Eagan, MN, 55123

5 Bed
4 Bath
3149 sft

14092 Dearborn Path, Rosemount, MN, 55068

5 Bed
2 Bath
2940 sft

5710 W 136th St, Savage, MN, 55378

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

Explore more listings using simple english

Investment Highlights

Rental property for sale in Elko New Market at 429 James Pkwy, Elko New Market, MN, 55054 priced at $502,000 converts $3,862/mo rent into $727/mo cash flow after a $2,457/mo obligation. Total monthly income equals $3,862/mo, and annual cash flow totals $8,728/yr on $165,158 invested. Return on cash invested prints 25.34% in year one, and rental yield reads 9.23% against a $502,000 entry. Equity gained on principal adds $3,239/yr, while 5% annual appreciation compiles into $138,693 by year five. Five-year ROI reaches 132.05% and total cumulative return in cash sums $218,088. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,862/mo property income covering a $2,457/mo payment, not borrower’s personal income.

Single Family

Built in 2026

8,276 sqft lot

$N/A/sqft

No HOA