567 6th StBuffalo LakeMN55314
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 Buffalo Lake at 567 6th St, Buffalo Lake, MN, 55314 offers a 9.14% rental yield on a $125,000 purchase with $952/mo rent. Total monthly income registers $952/mo, and a $612/mo payment leaves $171/mo available for distribution. Annual cash flow reaches $2,055/yr on $41,438 to close, and return on cash invested stands at 24.87% in year one. Equity gained on principal adds $807/yr while 5% annual appreciation supports $34,535 over five years. Portfolio math shows five-year ROI at 129.58% and total cumulative return in cash at $53,693. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $952/mo property income against a $612/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1994
0.28 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: Reanne Meyer • Exit Realty- Great Plains
Mls Name: RASM
Mls Provider:
Mls ID: #7036956
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025, REALTOR Association of Southern MN. All Rights Reserved. Last Updated: 2025-03-25 10:30:22 PDT