2145 370th 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 2145 370th St, Clarkfield, MN, 56223 offers a 10.75% rental yield on a $225,000 purchase with $2,016/mo rent. Total monthly income registers $2,016/mo, and a $1,101/mo payment leaves $611/mo available for distribution. Annual cash flow reaches $7,335/yr on $74,588 to close, and return on cash invested stands at 29.74% in year one. Equity gained on principal adds $1,452/yr while 5% annual appreciation supports $62,163 over five years. Portfolio math shows five-year ROI at 155.7% and total cumulative return in cash at $116,133. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,016/mo property income against a $1,101/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1918
4.61 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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