613 Frontier CirBelle PlaineMN56011
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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
Rental property for sale in Belle Plaine at 613 Frontier Cir, Belle Plaine, MN, 56011 priced at $429,900 pairs $2,040/mo rent with after a $2,104/mo payment. Total monthly income equals $2,040/mo. Return on cash invested is 14.48% in year one, and rental yield stands at 5.69% on a $429,900 basis. Equity gained on principal adds $2,774/yr, and 5% annual appreciation accumulates to $118,773 by year five. Five-year ROI measures 73.82% and total cumulative return in cash reaches $105,199. For financing, Ziffy Mortgage’s DSCR program evaluates $2,040/mo property income against a $2,104/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2003
0.33 Acres 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
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Listed by: Marcus Johannes • Coldwell Banker Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6806541