36001 390th Ave SWClimaxMN56523
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayYield and appreciation often trade off, and at 36001 390th Ave SW, Climax, MN, 56523 in Climax the bet is firmly on appreciation. Rental yield 0%. The 0% gross yield on a $1,100,000 price is below income-first thresholds, but 5%/yr value growth projects $303,910 in equity by year five. Ziffy Mortgage's non-U.S. DSCR mortgage (0.00) finances the acquisition on rental income alone. A larger down payment (30–35%) reduces monthly debt service and tightens the spread.
| 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 2019
12.30 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 2019
12.30 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