55345 County Road 38Buffalo LakeMN55314
INVESTMENT ANALYSIS
Investment Verdict
Appreciation Play55345 County Road 38, Buffalo Lake, MN, 55314 in Buffalo Lake is priced for appreciation, not yield. Rental yield 4.67%. At $749,000 with a 4.67% gross yield, the monthly income is modest, but 5% annual price growth is projected to add $206,935 in value over five years, making equity the primary return driver. Ziffy Mortgage's DSCR mortgage (0.87) can still finance this property for non-U.S. residents; a 30–35% down payment typically produces the cleanest underwriting for appreciation-focused assets. Total projected cumulative return: $170,916.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.7% | 6.1% |
| Monthly Cash Flow | $(1,760) | $320 |
City averages based on Buffalo Lake market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $2,917 |
| Total Monthly Debt Service | $4,379 |
| DSCR Ratio | 0.67x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 1970
0.43 Acres 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 1970
0.43 Acres 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
Listed by: N/A • N/A
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #7088598