1304 10th StClarkfieldMN56223
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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 Clarkfield at 1304 10th St, Clarkfield, MN, 56223 listed at $105,000 pairs $0/mo rent with a $514/mo payment. Total monthly income runs $0/mo. Return on cash invested measures -2.7% in year one, and rental yield registers 0% at a $105,000 basis. Equity gained on principal adds $678/yr, and annual property appreciation at 5% supports $29,010 by year five. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $0/mo property income relative to a $514/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
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
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No similar rental properties found nearby.
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Listed by: Adam Tupman - The Deutz Group • Edina Realty, Inc.
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6781310