Elmwood IV Plan, Parkway Meadows,Elko New Market,MN,55054

Investment Highlights

Investment property for sale in Elko New Market at Elmwood IV Plan, Parkway Meadows, Elko New Market, MN, 55054 uses $166,800 cash to close to unlock $7,063/yr annual cash flow and $589/mo monthly cash flow. Total monthly income runs $3,754/mo, and a $2,481/mo payment keeps the spread at $589/mo. Purchase price stands at $506,990, and rental yield measures 8.89% with $3,754/mo rent. Return on cash invested shows 24.29% in year one, and 5% annual appreciation builds toward $140,072 over five years. Five-year ROI reaches 126.4% and total cumulative return in cash records $210,834. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,754/mo property income covering a $2,481/mo payment rather than investor’s personal income.