345 N Main StBuffalo LakeMN55314
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 345 N Main St, Buffalo Lake, MN, 55314 in Buffalo Lake hard to pass up. The 20.89% gross yield on a $114,900 purchase results in $2,000/mo in rent and $1,227/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (3.87). Annual cash flow of $14,727, five-year appreciation of $31,745, and $1,058/yr in equity build-up combine for a projected total cumulative return of $122,798.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 20.9% | 6.1% |
| Monthly Cash Flow | $1,227 | $320 |
City averages based on Buffalo Lake market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,000 |
| Total Monthly Debt Service | $727 |
| DSCR Ratio | 2.75x |
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 1915
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55314, Buffalo Lake, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 589 (100%) |
| Owner Occupied HU | 425 (72.2%) |
| Renter Occupied HU | 87 (14.8%) |
| Vacant Housing Units | 77 (13.1%) |
| Median Home Value | $241,500 |
| Average Home Value | $278,065 |
Housing Distribution
Address Breakdown
Residential
384
Single Family
358
Multi-Family
26
Businesses
42
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 1915
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55314, Buffalo Lake, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 589 (100%) |
| Owner Occupied HU | 425 (72.2%) |
| Renter Occupied HU | 87 (14.8%) |
| Vacant Housing Units | 77 (13.1%) |
| Median Home Value | $241,500 |
| Average Home Value | $278,065 |
Housing Distribution
Address Breakdown
Residential
384
Single Family
358
Multi-Family
26
Businesses
42
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices