19167 344th StClarissaMN56440
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
Investment property for sale in Clarissa at 19167 344th St, Clarissa, MN, 56440 earns from $1,645/mo rent with a $2,031/mo payment. Total monthly income totals $1,645/mo. ROI tracks 11.66% on current figures, and rental yield reads 4.76% at a $415,000 purchase. Equity gained on principal adds $2,678/yr, and 5% annual appreciation supports $114,657 over five years. Five-year ROI reaches 58.66% and total cumulative return in cash sums $80,697. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,645/mo property income instead of your personal income.
Single Family
Built in 1987
40.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56440, Clarissa, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 571 (100%) |
| Owner Occupied HU | 408 (71.5%) |
| Renter Occupied HU | 94 (16.5%) |
| Vacant Housing Units | 69 (12.1%) |
| Median Home Value | $218,966 |
| Average Home Value | $273,217 |
Housing Distribution
Address Breakdown
Residential
343
Single Family
298
Multi-Family
45
Businesses
29
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Nearby investment properties with comparable prices
Listed by: Ramona Ladue • East-West Realty of Long Prairie, Inc.
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6789904
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