1117 Ridgestone PlBuffaloMN55313
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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 Buffalo at 1117 Ridgestone Pl, Buffalo, MN, 55313 uses $72,897 cash to close to unlock $7,202/yr annual cash flow and $600/mo monthly cash flow. Total monthly income runs $1,973/mo, and a $1,076/mo payment keeps the spread at $600/mo. Purchase price stands at $219,900, and rental yield measures 10.77% with $1,973/mo rent. Return on cash invested shows 29.79% in year one, and 5% annual appreciation builds toward $60,754 over five years. Five-year ROI reaches 155.96% and total cumulative return in cash records $113,692. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,973/mo property income covering a $1,076/mo payment rather than investor’s personal income.
Townhouse
Built in 2004
0.04 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55313, Buffalo, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,657 (100%) |
| Owner Occupied HU | 7,500 (77.7%) |
| Renter Occupied HU | 1,872 (19.4%) |
| Vacant Housing Units | 285 ( 3.0%) |
| Median Home Value | $403,736 |
| Average Home Value | $475,783 |
Housing Distribution
Address Breakdown
Residential
9,654
Single Family
8,375
Multi-Family
1,279
Businesses
738
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