208 Center St SLake BentonMN56149
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow208 Center St S, Lake Benton, MN, 56149 in Lake Benton is a solid income-producing rental, 10.52% gross yield, $1,228/mo rent, $353/mo net cash flow on a $140,000 buy. DSCR 1.95 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $38,679 and $1,289/yr in principal reduction project a total cumulative return of $75,852.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.5% | 8.0% |
| Monthly Cash Flow | $353 | $650 |
City averages based on Lake Benton market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,228 |
| Total Monthly Debt Service | $819 |
| DSCR Ratio | 1.50x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1954
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56149, Lake Benton, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 737 (100%) |
| Owner Occupied HU | 446 (60.5%) |
| Renter Occupied HU | 118 (16.0%) |
| Vacant Housing Units | 173 (23.5%) |
| Median Home Value | $220,652 |
| Average Home Value | $284,109 |
Housing Distribution
Address Breakdown
Residential
518
Single Family
482
Multi-Family
36
Businesses
56
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1954
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56149, Lake Benton, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 737 (100%) |
| Owner Occupied HU | 446 (60.5%) |
| Renter Occupied HU | 118 (16.0%) |
| Vacant Housing Units | 173 (23.5%) |
| Median Home Value | $220,652 |
| Average Home Value | $284,109 |
Housing Distribution
Address Breakdown
Residential
518
Single Family
482
Multi-Family
36
Businesses
56
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lisa Willert • Lake Benton Realty Inc
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6768539