608 Lower Heritage WayFarmingtonMN55024








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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 608 Lower Heritage Way, Farmington, MN, 55024 earns $1,035/mo cash flow from $3,626/mo rent with a $2,031/mo payment. Total monthly income totals $3,626/mo, and annual cash flow totals $12,417/yr on $137,573 capital. ROI tracks 28.93% on current figures, and rental yield reads 10.48% at a $415,000 purchase. Equity gained on principal adds $2,678/yr, and 5% annual appreciation supports $114,657 over five years. Five-year ROI reaches 151.31% and total cumulative return in cash sums $208,161. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,626/mo property income instead of your personal income.
Single Family
Built in 1974
0.41 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices



Listed by: Corey Tutewohl • Keller Williams Preferred Rlty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6759301








