87192 510th StBuffalo LakeMN55314
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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
Investment property for sale in Buffalo Lake at 87192 510th St, Buffalo Lake, MN, 55314 offers a 0% rental yield on a $444,000 purchase with $0/mo rent. 69% in year one. Equity gained on principal adds $2,865/yr while 5% annual appreciation supports $122,669 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $2,173/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1962
5.53 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
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No similar rental properties found nearby.
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Listed by: Phillip P Burks • Edina Realty, Inc.
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6769565