905 Spruce StFarmingtonMN55024








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Nearby investment properties with comparable prices

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 Farmington at 905 Spruce St, Farmington, MN, 55024 earns $376/mo cash flow from $2,246/mo rent with a $1,466/mo payment. Total monthly income totals $2,246/mo, and annual cash flow totals $4,508/yr on $99,284 capital. ROI tracks 24.45% on current figures, and rental yield reads 9% at a $299,500 purchase. Equity gained on principal adds $1,933/yr, and 5% annual appreciation supports $82,746 over five years. Five-year ROI reaches 127.27% and total cumulative return in cash sums $126,359. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,246/mo property income instead of your personal income.
Single Family
Built in 1995
6,969 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices



Listed by: Jennifer Martin • Edina Realty, Inc.
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6771409








