59412 Cloverdale RdAskovMN55704
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
Investment property for sale in Askov at 59412 Cloverdale Rd, Askov, MN, 55704 listed at $100,000 pairs $763/mo rent with a $489/mo payment to leave $139/mo cash flow. Total monthly income runs $763/mo, and annual cash flow reaches $1,668/yr on $33,150 cash to close. Return on cash invested measures 24.94% in year one, and rental yield registers 9.16% at a $100,000 basis. Equity gained on principal adds $645/yr, and annual property appreciation at 5% supports $27,628 by year five. Five-year ROI tracks 129.89% and total cumulative return in cash totals $43,060. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $763/mo property income relative to a $489/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2001
10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55704, Askov, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 657 (100%) |
| Owner Occupied HU | 426 (64.8%) |
| Renter Occupied HU | 77 (11.7%) |
| Vacant Housing Units | 154 (23.4%) |
| Median Home Value | $256,250 |
| Average Home Value | $308,263 |
Housing Distribution
Address Breakdown
Residential
500
Single Family
500
Multi-Family
0
Businesses
28
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