498 Cimarron, Lake Elmo, MN, 55042 | $229/mo Cash Flow

For Sale

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

Rental property for sale in Lake Elmo at 498 Cimarron, Lake Elmo, MN, 55042 generates $1,097/mo in rent and, after a $680/mo payment, leaves $229/mo in cash flow. Total monthly income is $1,097/mo, and annual cash flow is $2,752/yr on $46,079 invested. Return on cash invested sits at 25.88% in year one, and rental yield is 9.47% on a $139,000 entry. Equity gained on principal adds $897/yr, while 5% annual appreciation builds toward $38,403 over five years. Five-year ROI reaches 135% and total cumulative return in cash sums $62,204. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,097/mo property income rather than buyer’s personal income.

Manufactured

Built in 2025

N/A lot

$N/A/sqft

No HOA