1012 Mallard LnBelle PlaineMN56011
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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 Belle Plaine at 1012 Mallard Ln, Belle Plaine, MN, 56011 earns $10/mo cash flow from $2,694/mo rent with a $2,104/mo payment. Total monthly income totals $2,694/mo, and annual cash flow totals $116/yr on $142,512 capital. ROI tracks 19.99% on current figures, and rental yield reads 7.52% at a $429,900 purchase. Equity gained on principal adds $2,774/yr, and 5% annual appreciation supports $118,773 over five years. Five-year ROI reaches 103.35% and total cumulative return in cash sums $147,283. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,694/mo property income instead of your personal income.
Single Family
Built in 2022
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56011, Belle Plaine, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,685 (100%) |
| Owner Occupied HU | 2,938 (79.7%) |
| Renter Occupied HU | 584 (15.8%) |
| Vacant Housing Units | 163 ( 4.4%) |
| Median Home Value | $348,371 |
| Average Home Value | $403,113 |
Housing Distribution
Address Breakdown
Residential
3,794
Single Family
3,521
Multi-Family
273
Businesses
182
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Listed by: Lacie Nelson • eXp Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6824174