46813 209th AveClearbrookMN56634
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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 Clearbrook at 46813 209th Ave, Clearbrook, MN, 56634 uses $66,267 cash to close to unlock $6,242/yr annual cash flow and $520/mo monthly cash flow. Total monthly income runs $1,768/mo, and a $978/mo payment keeps the spread at $520/mo. Purchase price stands at $199,900, and rental yield measures 10.61% with $1,768/mo rent. Return on cash invested shows 29.33% in year one, and 5% annual appreciation builds toward $55,229 over five years. Five-year ROI reaches 153.49% and total cumulative return in cash records $101,713. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,768/mo property income covering a $978/mo payment rather than investor’s personal income.
Single Family
Built in 1915
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56634, Clearbrook, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 722 (100%) |
| Owner Occupied HU | 481 (66.6%) |
| Renter Occupied HU | 118 (16.3%) |
| Vacant Housing Units | 123 (17.0%) |
| Median Home Value | $208,190 |
| Average Home Value | $246,679 |
Housing Distribution
Address Breakdown
Residential
549
Single Family
508
Multi-Family
41
Businesses
45
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Listed by: Mandy Faldet • 218 Real Estate
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6799753