510 Elaine Ave, Shoreview, MN, 55126 | $69/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 Shoreview at 510 Elaine Ave, Shoreview, MN, 55126 priced at $550,000 converts $3,503/mo rent into $69/mo cash flow after a $2,692/mo obligation. Total monthly income equals $3,503/mo, and annual cash flow totals $822/yr on $180,950 invested. Return on cash invested prints 20.51% in year one, and rental yield reads 7.64% against a $550,000 entry. Equity gained on principal adds $3,549/yr, while 5% annual appreciation compiles into $151,955 by year five. Five-year ROI reaches 106.15% and total cumulative return in cash sums $192,070. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,503/mo property income covering a $2,692/mo payment, not borrower’s personal income.

Single Family

Built in 1986

0.48 Acres lot

$N/A/sqft

No HOA