Aspen Plan, Parkway MeadowsElko New MarketMN55054








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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


Investment Highlights
Rental property for sale in Elko New Market at Aspen Plan, Parkway Meadows, Elko New Market, MN, 55054 priced at $498,990 pairs $3,438/mo rent with $322/mo cash flow after a $2,442/mo payment. Total monthly income equals $3,438/mo, and annual cash flow comes to $3,868/yr on $165,415 invested. Return on cash invested is 22.25% in year one, and rental yield stands at 8.27% on a $498,990 basis. Equity gained on principal adds $3,220/yr, and 5% annual appreciation accumulates to $137,862 by year five. Five-year ROI measures 115.46% and total cumulative return in cash reaches $190,995. For financing, Ziffy Mortgage’s DSCR program evaluates $3,438/mo property income against a $2,442/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2026
N/A lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices



Listed by: N/A • M/I Homes
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