509 8th St, Farmington, MN, 55024 | $994/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

Investment property for sale in Farmington at 509 8th St, Farmington, MN, 55024 uses $106,412 cash to close to unlock $11,924/yr annual cash flow and $994/mo monthly cash flow. Total monthly income runs $2,998/mo, and a $1,571/mo payment keeps the spread at $994/mo. Purchase price stands at $321,000, and rental yield measures 11.21% with $2,998/mo rent. Return on cash invested shows 31.11% in year one, and 5% annual appreciation builds toward $88,686 over five years. Five-year ROI reaches 163.01% and total cumulative return in cash records $173,465. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,998/mo property income covering a $1,571/mo payment rather than investor’s personal income.

Single Family

Built in 1960

0.48 Acres lot

$N/A/sqft

No HOA