1304 10th StClarkfieldMN56223
INVESTMENT ANALYSIS
Investment Verdict
Appreciation Play1304 10th St, Clarkfield, MN, 56223 in Clarkfield is priced for appreciation, not yield. Rental yield 0%. At $105,000 with a 0% gross yield, the monthly income is modest, but 5% annual price growth is projected to add $29,010 in value over five years, making equity the primary return driver. Ziffy Mortgage's DSCR mortgage (0.00) can still finance this property for non-U.S. residents; a 30–35% down payment typically produces the cleanest underwriting for appreciation-focused assets.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 6.5% |
| Monthly Cash Flow | $0 | $300 |
City averages based on Clarkfield market data in our database. Property projections are estimates.
Single Family
Built in 1930
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56223, Clarkfield, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 670 (100%) |
| Owner Occupied HU | 461 (68.8%) |
| Renter Occupied HU | 113 (16.9%) |
| Vacant Housing Units | 96 (14.3%) |
| Median Home Value | $137,891 |
| Average Home Value | $211,350 |
Housing Distribution
Address Breakdown
Residential
510
Single Family
477
Multi-Family
33
Businesses
48
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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
Single Family
Built in 1930
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56223, Clarkfield, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 670 (100%) |
| Owner Occupied HU | 461 (68.8%) |
| Renter Occupied HU | 113 (16.9%) |
| Vacant Housing Units | 96 (14.3%) |
| Median Home Value | $137,891 |
| Average Home Value | $211,350 |
Housing Distribution
Address Breakdown
Residential
510
Single Family
477
Multi-Family
33
Businesses
48
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Adam Tupman - The Deutz Group • Edina Realty, Inc.
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6781310