4489 223rd St WFarmingtonMN55024





Nearby investment properties with comparable rents
Nearby investment properties with comparable prices

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 Farmington at 4489 223rd St W, Farmington, MN, 55024 uses $119,307 cash to close to unlock $7,310/yr annual cash flow and $609/mo monthly cash flow. Total monthly income runs $2,857/mo, and a $1,762/mo payment keeps the spread at $609/mo. Purchase price stands at $359,900, and rental yield measures 9.53% with $2,857/mo rent. Return on cash invested shows 26.04% in year one, and 5% annual appreciation builds toward $99,434 over five years. Five-year ROI reaches 135.8% and total cumulative return in cash records $162,014. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,857/mo property income covering a $1,762/mo payment rather than investor’s personal income.
Single Family
Built in 2025
0.11 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices



Listed by: Thunder Heyer • Capstone Realty, LLC
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6820495








