The Harmony Plan, Highlands at Eagle ViewElko New MarketMN55020
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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
Investment property for sale in Elko New Market at The Harmony Plan, Highlands at Eagle View, Elko New Market, MN, 55020 at $396,990 posts ROI 25.44% with $607/mo cash flow from $3,086/mo rent. Total monthly income equals $3,086/mo, and annual cash flow records $7,285/yr on $131,602 to close. Return on cash invested measures 25.44% and rental yield reads 9.33% at the current $396,990. Equity gained on principal adds $2,562/yr, and 5% annual appreciation supports $109,681 by year five. Five-year ROI prints 132.63% and total cumulative return in cash totals $174,547.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,086/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2026
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55020, Elko, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,500 (100%) |
| Owner Occupied HU | 1,409 (93.9%) |
| Renter Occupied HU | 65 ( 4.3%) |
| Vacant Housing Units | 26 ( 1.7%) |
| Median Home Value | $469,749 |
| Average Home Value | $515,727 |
Housing Distribution
Address Breakdown
Residential
1,430
Single Family
1,430
Multi-Family
0
Businesses
87
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Listed by: N/A • D.R. Horton
Mls Name: DR Horton
Mls Provider:
Mls ID: #N/A