108 Goldfinch LnClearwaterMN55320
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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 Clearwater at 108 Goldfinch Ln, Clearwater, MN, 55320 offers $2,753/mo rent that, after a $2,080/mo payment, leaves $99/mo cash flow. Total monthly income is $2,753/mo, and annual cash flow is $1,191/yr on $140,888 cash. Return on cash invested measures 20.75% in year one, and rental yield stands at 7.77% at a $425,000 entry. Equity gained on principal adds $2,742/yr while 5% annual appreciation compounds into $117,420 by year five. Five-year ROI records 107.46% and total cumulative return in cash reaches $151,397. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,753/mo property income versus a $2,080/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2007
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55320, Clearwater, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,166 (100%) |
| Owner Occupied HU | 1,705 (78.7%) |
| Renter Occupied HU | 339 (15.7%) |
| Vacant Housing Units | 122 ( 5.6%) |
| Median Home Value | $391,849 |
| Average Home Value | $468,673 |
Housing Distribution
Address Breakdown
Residential
2,089
Single Family
1,874
Multi-Family
215
Businesses
144
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Listed by: Rachel D Fredrickson • Exit Realty Nexus
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6800507