315 1st St SEClara CityMN56222
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayNot all U.S. investment properties are valued for current income. 315 1st St SE, Clara City, MN, 56222 in Clara City at $165,000, 0% gross yield, is a market-growth asset. Rental yield 0%. The $0/mo rent partially funds the $742/mo debt service; the core return is the 5%/yr price growth projected to add $45,586 over five years. Ziffy Mortgage's DSCR mortgage (0.00) provides financing for foreign nationals without domestic income checks. A 30–35% down payment often produces the cleanest coverage for low-yield properties.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 8.0% |
| Monthly Cash Flow | $0 | $850 |
City averages based on Clara City market data in our database. Property projections are estimates.
Single Family
Built in 1915
10,497 sqft 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
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 1915
10,497 sqft 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
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #7070580