2361 Eckert Ave SEBuffaloMN55313
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
Investment Highlights
Investment property for sale in Buffalo at 2361 Eckert Ave SE, Buffalo, MN, 55313 at $725,000 posts ROI 13.62% with from $3,247/mo rent. Total monthly income equals $3,247/mo. Return on cash invested measures 13.62% and rental yield reads 5.37% at the current $725,000. Equity gained on principal adds $4,678/yr, and 5% annual appreciation supports $200,304 by year five. Five-year ROI prints 69.15% and total cumulative return in cash totals $164,945. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,247/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1993
20.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55313, Buffalo, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,657 (100%) |
| Owner Occupied HU | 7,500 (77.7%) |
| Renter Occupied HU | 1,872 (19.4%) |
| Vacant Housing Units | 285 ( 3.0%) |
| Median Home Value | $403,736 |
| Average Home Value | $475,783 |
Housing Distribution
Address Breakdown
Residential
9,654
Single Family
8,375
Multi-Family
1,279
Businesses
738
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Corey B Dykmann • Keller Williams Classic Rlty NW
Mls Name: NorthStar MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6566803
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