1389 Robert Creek CurvBelle 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 1389 Robert Creek Curv, Belle Plaine, MN, 56011 uses $120,964 cash to close to unlock $8,585/yr annual cash flow and $715/mo monthly cash flow. Total monthly income runs $2,994/mo, and a $1,786/mo payment keeps the spread at $715/mo. Purchase price stands at $364,900, and rental yield measures 9.85% with $2,994/mo rent. Return on cash invested shows 27.01% in year one, and 5% annual appreciation builds toward $100,815 over five years. Five-year ROI reaches 141% and total cumulative return in cash records $170,556. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,994/mo property income covering a $1,786/mo payment rather than investor’s personal income.
Single Family
Built in 2019
8,276 sqft 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: Nick Schmidt • Edina Realty, Inc.
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6769449