5697 57th PlLake ElmoMN55042
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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
Investment Highlights
Investment property for sale in Lake Elmo at 5697 57th Pl, Lake Elmo, MN, 55042 earns from $5,098/mo rent with a $6,828/mo payment. Total monthly income totals $5,098/mo. ROI tracks 10.31% on current figures, and rental yield reads 4.39% at a $1,395,000 purchase. Equity gained on principal adds $9,002/yr, and 5% annual appreciation supports $385,413 over five years. Five-year ROI reaches 51.52% and total cumulative return in cash sums $232,858. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,098/mo property income instead of your personal income.
Single Family
Built in 2024
1.18 Acres lot
$N/A/sqft
$175 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: David Hackworthy • Creative Real Estate Group, LLC
Mls Name: NorthStar MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6600774
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