612 Spruce St, Farmington, MN, 55024 | $659/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Farmington at 612 Spruce St, Farmington, MN, 55024 uses $101,074 cash to close to unlock $7,913/yr annual cash flow and $659/mo monthly cash flow. Total monthly income runs $2,563/mo, and a $1,492/mo payment keeps the spread at $659/mo. Purchase price stands at $304,900, and rental yield measures 10.09% with $2,563/mo rent. Return on cash invested shows 27.74% in year one, and 5% annual appreciation builds toward $84,238 over five years. Five-year ROI reaches 144.93% and total cumulative return in cash records $146,486. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,563/mo property income covering a $1,492/mo payment rather than investor’s personal income.

Single Family

Built in 1913

10,018 sqft lot

$N/A/sqft

No HOA