923 11th Ave S APT 8,Hopkins,MN,55343

Investment Highlights

Investment property for sale in Hopkins at 923 11th Ave S APT 8, Hopkins, MN, 55343 offers a 20.77% rental yield on a $119,300 purchase with $2,065/mo rent. Total monthly income registers $2,065/mo, and a $584/mo payment leaves $981/mo available for distribution. Annual cash flow reaches $11,774/yr on $39,548 to close, and return on cash invested stands at 49.68% in year one. Equity gained on principal adds $770/yr while 5% annual appreciation supports $32,960 over five years. Portfolio math shows five-year ROI at 266.42% and total cumulative return in cash at $105,363. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,065/mo property income against a $584/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.