501 Forest St W LOT 10Belle 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 501 Forest St W LOT 10, Belle Plaine, MN, 56011 listed at $107,900 pairs $839/mo rent with a $528/mo payment to leave $165/mo cash flow. Total monthly income runs $839/mo, and annual cash flow reaches $1,984/yr on $35,769 cash to close. Return on cash invested measures 25.46% in year one, and rental yield registers 9.33% at a $107,900 basis. Equity gained on principal adds $696/yr, and annual property appreciation at 5% supports $29,811 by year five. Five-year ROI tracks 132.75% and total cumulative return in cash totals $47,484. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $839/mo property income relative to a $528/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 2025
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: Karly Karst • Riverside Terrace
Mls Name: My State MLS
Mls ID: #11476299