5297 216th St WFarmingtonMN55024
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingInvestors approaching the U.S. market with capital-preservation in mind will find 5297 216th St W, Farmington, MN, 55024 in Farmington aligned with their strategy. Rental yield 6.88%. DSCR 1.28 and 6.88% yield provide a sound foundation. Ziffy Mortgage's DSCR program enables non-U.S. residents to acquire without domestic credit. Over five years, 5% appreciation and $4,706/yr in paydown build toward a projected cumulative return of $160,995.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.9% | 4.8% |
| Monthly Cash Flow | $(530) | $1,850 |
City averages based on Farmington market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,930 |
| Total Monthly Debt Service | $3,257 |
| DSCR Ratio | 0.90x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2024
0.12 sqft lot
$N/A/sqft
$269 monthly HOA
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
Single Family
Built in 2024
0.12 sqft lot
$N/A/sqft
$269 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: The Graham Smith Team • Keller Williams Realty Integrity Lakes
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6470050
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