68 143rd Ave NW,Andover,MN,55304

Investment Highlights

Investment property for sale in Andover at 68 143rd Ave NW, Andover, MN, 55304 uses $231,945 cash to close to unlock $7,359/yr annual cash flow and $613/mo monthly cash flow. Total monthly income runs $5,016/mo, and a $3,451/mo payment keeps the spread at $613/mo. Purchase price stands at $705,000, and rental yield measures 8.54% with $5,016/mo rent. Return on cash invested shows 23.23% in year one, and 5% annual appreciation builds toward $194,779 over five years. Five-year ROI reaches 120.72% and total cumulative return in cash records $279,997. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,016/mo property income covering a $3,451/mo payment rather than investor’s personal income.