214 4th PlClaremontMN55924
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid fundamentals define the investment case at 214 4th Pl, Claremont, MN, 55924 in Claremont: $2,322/mo in rent, $512/mo in net income, 9.61% gross yield, 1.78 DSCR, all at $289,900. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $80,094 in appreciation and $2,670/yr in principal paydown projects total cumulative return of $142,908.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.6% | 5.0% |
| Monthly Cash Flow | $512 | $350 |
City averages based on Claremont market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,322 |
| Total Monthly Debt Service | $1,695 |
| DSCR Ratio | 1.37x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2024
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55924, Claremont, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 543 (100%) |
| Owner Occupied HU | 414 (76.2%) |
| Renter Occupied HU | 86 (15.8%) |
| Vacant Housing Units | 43 ( 7.9%) |
| Median Home Value | $280,488 |
| Average Home Value | $334,239 |
Housing Distribution
Address Breakdown
Residential
476
Single Family
447
Multi-Family
29
Businesses
17
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
Single Family
Built in 2024
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55924, Claremont, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 543 (100%) |
| Owner Occupied HU | 414 (76.2%) |
| Renter Occupied HU | 86 (15.8%) |
| Vacant Housing Units | 43 ( 7.9%) |
| Median Home Value | $280,488 |
| Average Home Value | $334,239 |
Housing Distribution
Address Breakdown
Residential
476
Single Family
447
Multi-Family
29
Businesses
17
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Heather Holmes • Coldwell Banker Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6709188
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