123 3rd StBlufftonMN56518
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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 Bluffton at 123 3rd St, Bluffton, MN, 56518 offers a 9.8% rental yield on a $229,000 purchase with $1,870/mo rent. Total monthly income registers $1,870/mo, and a $1,121/mo payment leaves $440/mo available for distribution. Annual cash flow reaches $5,278/yr on $75,914 to close, and return on cash invested stands at 26.86% in year one. Equity gained on principal adds $1,478/yr while 5% annual appreciation supports $63,268 over five years. Portfolio math shows five-year ROI at 140.19% and total cumulative return in cash at $106,421. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,870/mo property income against a $1,121/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1981
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56518, Bluffton, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 194 (100%) |
| Owner Occupied HU | 152 (78.4%) |
| Renter Occupied HU | 22 (11.3%) |
| Vacant Housing Units | 20 (10.3%) |
| Median Home Value | $268,519 |
| Average Home Value | $279,967 |
Housing Distribution
Address Breakdown
Residential
107
Single Family
107
Multi-Family
0
Businesses
8
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