604 14th StFarmingtonMN55024








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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 604 14th St, Farmington, MN, 55024 offers a 10.45% rental yield on a $359,000 purchase with $3,127/mo rent. Total monthly income registers $3,127/mo, and a $1,757/mo payment leaves $885/mo available for distribution. Annual cash flow reaches $10,624/yr on $119,009 to close, and return on cash invested stands at 28.84% in year one. Equity gained on principal adds $2,317/yr while 5% annual appreciation supports $99,185 over five years. Portfolio math shows five-year ROI at 150.8% and total cumulative return in cash at $179,467. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,127/mo property income against a $1,757/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2000
6,534 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices



Listed by: Peter Trinh • RE/MAX Results
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #7004110








