5013 216th 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 5013 216th St W, Farmington, MN, 55024 earns from $2,287/mo rent with a $1,908/mo payment. Total monthly income totals $2,287/mo. ROI tracks 15.76% on current figures, and rental yield reads 7.04% at a $389,900 purchase. Equity gained on principal adds $2,516/yr, and 5% annual appreciation supports $107,722 over five years. Five-year ROI reaches 81.7% and total cumulative return in cash sums $105,601. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,287/mo property income instead of your personal income.
Townhouse
Built in 2023
N/A lot
$N/A/sqft
$299 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: The Graham Smith Team • Keller Williams Integrity Realty
Mls Name: NorthStar MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6457331
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