708 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 708 Heritage Way, Farmington, MN, 55024 at $219,900 posts ROI 31.52% with $705/mo cash flow from $2,078/mo rent. Total monthly income equals $2,078/mo, and annual cash flow records $8,462/yr on $72,897 to close. Return on cash invested measures 31.52% and rental yield reads 11.34% at the current $219,900. Equity gained on principal adds $1,419/yr, and 5% annual appreciation supports $60,754 by year five. Five-year ROI prints 165.23% and total cumulative return in cash totals $120,448.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,078/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Townhouse
Built in 1974
N/A lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices



Listed by: Christina LeAnn Larson • Keller Williams Realty Integrity
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6819301








