Foster Plan, Fields of Winslow Cove : Heritage Collection,Andover,MN,55304

Investment Highlights

Rental property for sale in Andover at Foster Plan, Fields of Winslow Cove: Heritage Collection, Andover, MN, 55304 offers $3,149/mo rent that, after a $2,364/mo payment, leaves $133/mo cash flow. Total monthly income is $3,149/mo, and annual cash flow is $1,596/yr on $160,111 cash. Return on cash invested measures 20.91% in year one, and rental yield stands at 7.82% at a $482,990 entry. Equity gained on principal adds $3,117/yr while 5% annual appreciation compounds into $133,441 by year five. Five-year ROI records 108.24% and total cumulative return in cash reaches $173,311. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,149/mo property income versus a $2,364/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.