27 Division St NClara CityMN56222
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
Rental property for sale in Clara City at 27 Division St N, Clara City, MN, 56222 priced at $265,000 pairs $1,897/mo rent with $242/mo cash flow after a $1,297/mo payment. Total monthly income equals $1,897/mo, and annual cash flow comes to $2,907/yr on $87,848 invested. Return on cash invested is 23.22% in year one, and rental yield stands at 8.59% on a $265,000 basis. Equity gained on principal adds $1,710/yr, and 5% annual appreciation accumulates to $73,215 by year five. Five-year ROI measures 120.69% and total cumulative return in cash reaches $106,023. For financing, Ziffy Mortgage’s DSCR program evaluates $1,897/mo property income against a $1,297/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1935
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56222, Clara City, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 840 (100%) |
| Owner Occupied HU | 570 (67.9%) |
| Renter Occupied HU | 172 (20.5%) |
| Vacant Housing Units | 98 (11.7%) |
| Median Home Value | $204,091 |
| Average Home Value | $227,978 |
Housing Distribution
Address Breakdown
Residential
417
Single Family
331
Multi-Family
86
Businesses
64
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Listed by: Justin Paffrath • Edina Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #7004054