829 Jasmine Ave N,Lake Elmo,MN,55042

Investment Highlights

Investment property for sale in Lake Elmo at 829 Jasmine Ave N, Lake Elmo, MN, 55042 offers a 9.15% rental yield on a $650,000 purchase with $4,956/mo rent. Total monthly income registers $4,956/mo, and a $3,181/mo payment leaves $898/mo available for distribution. Annual cash flow reaches $10,770/yr on $213,850 to close, and return on cash invested stands at 25.1% in year one. Equity gained on principal adds $4,194/yr while 5% annual appreciation supports $179,583 over five years. Portfolio math shows five-year ROI at 130.7% and total cumulative return in cash at $279,506. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,956/mo property income against a $3,181/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.