974 Prestwick DrBelle 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
Rental property for sale in Belle Plaine at 974 Prestwick Dr, Belle Plaine, MN, 56011 priced at $386,707 converts $3,750/mo rent into $1,335/mo cash flow after a $1,893/mo obligation. Total monthly income equals $3,750/mo, and annual cash flow totals $16,019/yr on $128,193 invested. Return on cash invested prints 32.41% in year one, and rental yield reads 11.64% against a $386,707 entry. Equity gained on principal adds $2,495/yr, while 5% annual appreciation compiles into $106,840 by year five. Five-year ROI reaches 169.91% and total cumulative return in cash sums $217,818. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,750/mo property income covering a $1,893/mo payment, not borrower’s personal income.
Single Family
Built in 2025
9,147 sqft 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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Nearby investment properties with comparable prices
Listed by: Daniel K Schmitt • Keller Williams Realty Integrity Lakes
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6688478
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