9241 6th St N, Lake Elmo, MN, 55042 | $1,661/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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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Investment Highlights

Rental property for sale in Lake Elmo at 9241 6th St N, Lake Elmo, MN, 55042 generates $5,219/mo in rent and, after a $2,789/mo payment, leaves $1,661/mo in cash flow. Total monthly income is $5,219/mo, and annual cash flow is $19,928/yr on $187,497 invested. Return on cash invested sits at 30.69% in year one, and rental yield is 10.99% on a $569,900 entry. Equity gained on principal adds $3,677/yr, while 5% annual appreciation builds toward $157,453 over five years. Five-year ROI reaches 160.69% and total cumulative return in cash sums $301,290. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,219/mo property income rather than buyer’s personal income.

Single Family

Built in 2019

0.26 Acres lot

$N/A/sqft

No HOA