302 18th St SBuffaloMN55313
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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 at 302 18th St S, Buffalo, MN, 55313 uses $155,805 cash to close to unlock $9,738/yr annual cash flow and $812/mo monthly cash flow. Total monthly income runs $3,746/mo, and a $2,300/mo payment keeps the spread at $812/mo. Purchase price stands at $469,999, and rental yield measures 9.56% with $3,746/mo rent. Return on cash invested shows 26.16% in year one, and 5% annual appreciation builds toward $129,852 over five years. Five-year ROI reaches 136.44% and total cumulative return in cash records $212,577. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,746/mo property income covering a $2,300/mo payment rather than investor’s personal income.
Single Family
Built in 2001
0.28 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
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