8755 Upper 9th Pl NLake ElmoMN55042
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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
Investment Highlights
Investment property for sale in Lake Elmo at 8755 Upper 9th Pl N, Lake Elmo, MN, 55042 listed at $542,000 pairs $3,895/mo rent with a $2,653/mo payment to leave $350/mo cash flow. Total monthly income runs $3,895/mo, and annual cash flow reaches $4,204/yr on $178,318 cash to close. Return on cash invested measures 22.42% in year one, and rental yield registers 8.62% at a $542,000 basis. Equity gained on principal adds $3,497/yr, and annual property appreciation at 5% supports $149,745 by year five. Five-year ROI tracks 116.73% and total cumulative return in cash totals $208,158. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,895/mo property income relative to a $2,653/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2020
7,840 sqft lot
$N/A/sqft
$160 monthly HOA
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Listed by: Terri Sparks • Edina Realty, Inc.
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6730482
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