970 Monterey Dr,Shoreview,MN,55126

Investment Highlights

Investment property for sale in Shoreview at 970 Monterey Dr, Shoreview, MN, 55126 uses $69,615 cash to close to unlock $13,050/yr annual cash flow and $1,088/mo monthly cash flow. Total monthly income runs $2,399/mo, and a $1,028/mo payment keeps the spread at $1,088/mo. Purchase price stands at $210,000, and rental yield measures 13.71% with $2,399/mo rent. Return on cash invested shows 38.65% in year one, and 5% annual appreciation builds toward $58,019 over five years. Five-year ROI reaches 203.48% and total cumulative return in cash records $141,652. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,399/mo property income covering a $1,028/mo payment rather than investor’s personal income.