309 Leksand LnBuffaloMN55313
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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 Buffalo at 309 Leksand Ln, Buffalo, MN, 55313 priced at $293,000 pairs $2,358/mo rent with $528/mo cash flow after a $1,434/mo payment. Total monthly income equals $2,358/mo, and annual cash flow comes to $6,341/yr on $97,130 invested. Return on cash invested is 26.44% in year one, and rental yield stands at 9.66% on a $293,000 basis. Equity gained on principal adds $1,891/yr, and 5% annual appreciation accumulates to $80,951 by year five. Five-year ROI measures 137.95% and total cumulative return in cash reaches $133,990. For financing, Ziffy Mortgage’s DSCR program evaluates $2,358/mo property income against a $1,434/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1977
0.29 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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