400 W Front StClaremontMN55924
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 Claremont at 400 W Front St, Claremont, MN, 55924 offers $1,706/mo rent that, after a $789/mo payment, leaves $660/mo cash flow. Total monthly income is $1,706/mo, and annual cash flow is $7,922/yr on $53,405 cash. Return on cash invested measures 34.74% in year one, and rental yield stands at 12.71% at a $161,100 entry. Equity gained on principal adds $1,040/yr while 5% annual appreciation compounds into $44,509 by year five. Five-year ROI records 182.88% and total cumulative return in cash reaches $97,667. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,706/mo property income versus a $789/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1910
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55924, Claremont, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 543 (100%) |
| Owner Occupied HU | 414 (76.2%) |
| Renter Occupied HU | 86 (15.8%) |
| Vacant Housing Units | 43 ( 7.9%) |
| Median Home Value | $280,488 |
| Average Home Value | $334,239 |
Housing Distribution
Address Breakdown
Residential
476
Single Family
447
Multi-Family
29
Businesses
17
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