2051 120th StBalatonMN56115
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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
Rental property for sale in Balaton at 2051 120th St, Balaton, MN, 56115 generates $2,806/mo in rent and, after a $1,591/mo payment, leaves $776/mo in cash flow. Total monthly income is $2,806/mo, and annual cash flow is $9,315/yr on $107,738 invested. Return on cash invested sits at 28.55% in year one, and rental yield is 10.36% on a $325,000 entry. Equity gained on principal adds $2,097/yr, while 5% annual appreciation builds toward $89,792 over five years. Five-year ROI reaches 149.31% and total cumulative return in cash sums $160,861. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,806/mo property income rather than buyer’s personal income.
Single Family
Built in 2014
11.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56115, Balaton, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 643 (100%) |
| Owner Occupied HU | 473 (73.6%) |
| Renter Occupied HU | 89 (13.8%) |
| Vacant Housing Units | 81 (12.6%) |
| Median Home Value | $285,204 |
| Average Home Value | $342,230 |
Housing Distribution
Address Breakdown
Residential
470
Single Family
432
Multi-Family
38
Businesses
36
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