41974 County Highway 38ClitherallMN56524
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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
Investment property for sale in Clitherall at 41974 County Highway 38, Clitherall, MN, 56524 uses $109,064 cash to close to unlock $3,958/yr annual cash flow and $330/mo monthly cash flow. Total monthly income runs $2,384/mo, and a $1,610/mo payment keeps the spread at $330/mo. Purchase price stands at $329,000, and rental yield measures 8.7% with $2,384/mo rent. Return on cash invested shows 23.54% in year one, and 5% annual appreciation builds toward $90,897 over five years. Five-year ROI reaches 122.37% and total cumulative return in cash records $133,461. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,384/mo property income covering a $1,610/mo payment rather than investor’s personal income.
Single Family
Built in 1972
2.02 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56524, Clitherall, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 774 (100%) |
| Owner Occupied HU | 274 (35.4%) |
| Renter Occupied HU | 32 ( 4.1%) |
| Vacant Housing Units | 468 (60.5%) |
| Median Home Value | $456,098 |
| Average Home Value | $518,412 |
Housing Distribution
Address Breakdown
Residential
399
Single Family
399
Multi-Family
0
Businesses
20
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Listed by: Dale Wussow • Randy Fischer Real Estate, Inc
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6791328