9077 31st St NLake ElmoMN55042
Nearby investment properties with comparable rents
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 Lake Elmo at 9077 31st St N, Lake Elmo, MN, 55042 uses $151,164 cash to close to unlock $13,685/yr annual cash flow and $1,140/mo monthly cash flow. Total monthly income runs $3,988/mo, and a $2,232/mo payment keeps the spread at $1,140/mo. Purchase price stands at $456,000, and rental yield measures 10.49% with $3,988/mo rent. Return on cash invested shows 28.96% in year one, and 5% annual appreciation builds toward $125,984 over five years. Five-year ROI reaches 151.48% and total cumulative return in cash records $228,978. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,988/mo property income covering a $2,232/mo payment rather than investor’s personal income.
Single Family
Built in 1949
0.89 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tammy Saad • Coldwell Banker Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6723670
Disclaimer: Based on information submitted to the MLS GRID as of 2025-11-04 02:58:10 PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#28) By searching NorthstarMLS listings you agree to the [NorthstarMLS End User License Agreement](https://www.mlsgrid.com/s/RMLS-EULA.pdf)