8925 29th Ave N,New Hope,MN,55427

Investment Highlights

Investment property for sale in New Hope at 8925 29th Ave N, New Hope, MN, 55427 listed at $419,900 pairs $3,188/mo rent with a $2,055/mo payment to leave $566/mo cash flow. Total monthly income runs $3,188/mo, and annual cash flow reaches $6,794/yr on $139,197 cash to close. Return on cash invested measures 24.79% in year one, and rental yield registers 9.11% at a $419,900 basis. Equity gained on principal adds $2,710/yr, and annual property appreciation at 5% supports $116,011 by year five. Five-year ROI tracks 129.11% and total cumulative return in cash totals $179,724. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,188/mo property income relative to a $2,055/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).