8780 Island Trail Echo N #BLake ElmoMN55001
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowStrong cash flow defines 8780 Island Trail Echo N #B, Lake Elmo, MN, 55001 in Lake Elmo: $3,360/mo in rent, $590/mo net, 10.18% gross yield, all on a $396,135 acquisition. The 1.79 coverage ratio comfortably clears Ziffy Mortgage's threshold, enabling foreign-national buyers to close without U.S. credit documentation. Over five years, 5% appreciation adds $109,445 in value, and $3,321/yr in principal paydown steadily builds equity. Projected total cumulative return: $199,923.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.2% | 8.0% |
| Monthly Cash Flow | $590 | $450 |
City averages based on Lake Elmo market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $3,360 |
| Total Monthly Debt Service | $2,413 |
| DSCR Ratio | 1.39x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.5% rate / 30-yr fixed, 25% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 2026
1,742 sqft lot
$N/A/sqft
No HOA
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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
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