128 2nd St NWBuffalo LakeMN55314
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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 Lake at 128 2nd St NW, Buffalo Lake, MN, 55314 listed at $160,000 pairs $0/mo rent with a $783/mo payment. Total monthly income runs $0/mo. Return on cash invested measures -5% in year one, and rental yield registers 0% at a $160,000 basis. Equity gained on principal adds $1,032/yr, and annual property appreciation at 5% supports $44,205 by year five. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $0/mo property income relative to a $783/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1939
0.24 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55314, Buffalo Lake, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 589 (100%) |
| Owner Occupied HU | 425 (72.2%) |
| Renter Occupied HU | 87 (14.8%) |
| Vacant Housing Units | 77 (13.1%) |
| Median Home Value | $241,500 |
| Average Home Value | $278,065 |
Housing Distribution
Address Breakdown
Residential
384
Single Family
358
Multi-Family
26
Businesses
42
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Manuel Perez Jr. • Edina Realty, Inc.
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6676986
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