Vanderbilt Plan, Lexington Waters,Minneapolis,MN,55449

Investment Highlights

Investment property for sale in Minneapolis at Vanderbilt Plan, Lexington Waters, Minneapolis, MN, 55449 at $537,990 posts ROI 24.42% with $644/mo cash flow from $4,003/mo rent. Total monthly income equals $4,003/mo, and annual cash flow records $7,725/yr on $176,999 to close. Return on cash invested measures 24.42% and rental yield reads 8.93% at the current $537,990. Equity gained on principal adds $3,472/yr, and 5% annual appreciation supports $148,637 by year five. Five-year ROI prints 127.1% and total cumulative return in cash totals $224,959.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,003/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).