604 James Pkwy, Elko New Market, MN, 55054 | 5.06% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

2 Bed
1 Bath
1076 sft

4496 Cinnamon Ridge Trl #B, Eagan, MN, 55122

2 Bed
1 Bath
950 sft

12936 Nicollet Ave S #202, Burnsville, MN, 55337

3 Bed
3 Bath
3332 sft

2704 Oak Lawn Dr, Northfield, MN, 55057

2 Bed
2 Bath
1518 sft

17031 Eastwood Ave UNIT 38, Farmington, MN, 55024

Nearby investment properties with comparable prices

5 Bed
3 Bath
2036 sft

7720 Upton Ave S, Richfield, MN, 55423

3 Bed
2 Bath
1496 sft

16446 Inguadona Beach Cir SW, Prior Lake, MN, 55372

4 Bed
2 Bath
1860 sft

4093 Vermont Ave, Eagan, MN, 55123

3 Bed
2 Bath
2368 sft

15490 Darjeeling Path, Rosemount, MN, 55068

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Elko New Market at 604 James Pkwy, Elko New Market, MN, 55054 with 5% annual appreciation on a $480,990 basis while $2,027/mo rent supports operations. 56% in year one. Equity gained on principal adds $3,104/yr, and five-year appreciation sums $132,889 alongside rental yield of 5.06%. Five-year ROI measures 63.51% and total cumulative return in cash totals $101,259. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,027/mo property income versus a $2,354/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 2026

8,276 sqft lot

$N/A/sqft

No HOA