437 James PkwyElko 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
Rental property for sale in Elko New Market at 437 James Pkwy, Elko New Market, MN, 55054 generates $3,982/mo in rent and, after a $2,374/mo payment, leaves $953/mo in cash flow. Total monthly income is $3,982/mo, and annual cash flow is $11,439/yr on $160,778 invested. Return on cash invested sits at 27.02% in year one, and rental yield is 9.85% on a $485,000 entry. Equity gained on principal adds $3,130/yr, while 5% annual appreciation builds toward $133,997 over five years. Five-year ROI reaches 141.08% and total cumulative return in cash sums $226,826. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,982/mo property income rather than buyer’s personal income.
Single Family
Built in 2026
8,276 sqft lot
$N/A/sqft
No HOA
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Listed by: Lynn Lake • M/I Homes
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #7010451








