302 Centennial StClimaxMN56523
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 302 Centennial St, Climax, MN, 56523 in Climax. Rental yield 0%. At $139,900 with 0% gross yield, current distributions are modest, but the 5% appreciation rate projects $38,652 in new equity by year five, complemented by $1,288/yr in principal paydown. Ziffy Mortgage's DSCR loan (0.00) allows non-U.S. residents to acquire without W-2s or domestic credit.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 5.5% |
| Monthly Cash Flow | $0 | $700 |
City averages based on Climax market data in our database. Property projections are estimates.
Single Family
Built in 2000
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56523, Climax, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 223 (100%) |
| Owner Occupied HU | 178 (79.8%) |
| Renter Occupied HU | 30 (13.5%) |
| Vacant Housing Units | 15 ( 6.7%) |
| Median Home Value | $233,333 |
| Average Home Value | $257,612 |
Housing Distribution
Address Breakdown
Residential
147
Single Family
136
Multi-Family
11
Businesses
19
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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 2000
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56523, Climax, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 223 (100%) |
| Owner Occupied HU | 178 (79.8%) |
| Renter Occupied HU | 30 (13.5%) |
| Vacant Housing Units | 15 ( 6.7%) |
| Median Home Value | $233,333 |
| Average Home Value | $257,612 |
Housing Distribution
Address Breakdown
Residential
147
Single Family
136
Multi-Family
11
Businesses
19
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Wally Rodgers • Greenberg Realty
Mls Name: GFBMLS
Mls Provider:
Mls ID: #25-296
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