26876 770th AveClarks GroveMN56016
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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
Total monthly income runs $954/mo, and a $1,586/mo payment. Purchase price stands at $324,000, and rental yield measures 3.53% with $954/mo rent. Return on cash invested shows 7.96% in year one, and 5% annual appreciation builds toward $89,515 over five years. Five-year ROI reaches 38.86% and total cumulative return in cash records $41,735. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $954/mo property income covering a $1,586/mo payment rather than investor’s personal income.
Single Family
Built in 1940
3.04 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56016, Clarks Grove, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 432 (100%) |
| Owner Occupied HU | 335 (77.5%) |
| Renter Occupied HU | 69 (16.0%) |
| Vacant Housing Units | 28 ( 6.5%) |
| Median Home Value | $243,750 |
| Average Home Value | $268,933 |
Housing Distribution
Address Breakdown
Residential
212
Single Family
212
Multi-Family
0
Businesses
21
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Listed by: Bob Stangler • Edina Realty, Inc.
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6770486