420 Forest St #37Belle PlaineMN56011
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 Belle Plaine at 420 Forest St #37, Belle Plaine, MN, 56011 listed at $114,900 pairs $922/mo rent with a $562/mo payment to leave $205/mo cash flow. Total monthly income runs $922/mo, and annual cash flow reaches $2,459/yr on $38,089 cash to close. Return on cash invested measures 26.36% in year one, and rental yield registers 9.63% at a $114,900 basis. Equity gained on principal adds $741/yr, and annual property appreciation at 5% supports $31,745 by year five. Five-year ROI tracks 137.52% and total cumulative return in cash totals $52,382. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $922/mo property income relative to a $562/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 2026
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56011, Belle Plaine, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,685 (100%) |
| Owner Occupied HU | 2,938 (79.7%) |
| Renter Occupied HU | 584 (15.8%) |
| Vacant Housing Units | 163 ( 4.4%) |
| Median Home Value | $348,371 |
| Average Home Value | $403,113 |
Housing Distribution
Address Breakdown
Residential
3,794
Single Family
3,521
Multi-Family
273
Businesses
182
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Linda Casper • Audubon MHP Manufactured Home Community
Mls Name: My State MLS
Mls ID: #11624726