Lewis Plan, Ridgeview Heights, Elko New Market, MN, 55054 | 5.2% Rental Yield

For Sale

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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 Elko New Market at Lewis Plan, Ridgeview Heights, Elko New Market, MN, 55054 priced at $467,990 pairs $2,027/mo rent with after a $2,291/mo payment. Total monthly income equals $2,027/mo. Return on cash invested is 12.98% in year one, and rental yield stands at 5.2% on a $467,990 basis. Equity gained on principal adds $3,020/yr, and 5% annual appreciation accumulates to $129,297 by year five. Five-year ROI measures 65.77% and total cumulative return in cash reaches $102,038. For financing, Ziffy Mortgage’s DSCR program evaluates $2,027/mo property income against a $2,291/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 2025

N/A lot

$N/A/sqft

No HOA