8762 Irving Blvd N,Lake Elmo,MN,55042

Investment Highlights

Investment property for sale in Lake Elmo at 8762 Irving Blvd N, Lake Elmo, MN, 55042 listed at $584,900 pairs $4,494/mo rent with a $2,863/mo payment to leave $841/mo cash flow. Total monthly income runs $4,494/mo, and annual cash flow reaches $10,097/yr on $192,432 cash to close. Return on cash invested measures 25.31% in year one, and rental yield registers 9.22% at a $584,900 basis. Equity gained on principal adds $3,774/yr, and annual property appreciation at 5% supports $161,597 by year five. Five-year ROI tracks 131.84% and total cumulative return in cash totals $253,703. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,494/mo property income relative to a $2,863/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).