6702 145th St NWClearwaterMN55320
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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 Clearwater at 6702 145th St NW, Clearwater, MN, 55320 earns from $4,294/mo rent with a $4,894/mo payment. Total monthly income totals $4,294/mo. ROI tracks 12.95% on current figures, and rental yield reads 5.15% at a $999,900 purchase. Equity gained on principal adds $6,452/yr, and 5% annual appreciation supports $276,254 over five years. Five-year ROI reaches 65.56% and total cumulative return in cash sums $215,660. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,294/mo property income instead of your personal income.
Single Family
Built in 2002
37.07 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55320, Clearwater, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,166 (100%) |
| Owner Occupied HU | 1,705 (78.7%) |
| Renter Occupied HU | 339 (15.7%) |
| Vacant Housing Units | 122 ( 5.6%) |
| Median Home Value | $391,849 |
| Average Home Value | $468,673 |
Housing Distribution
Address Breakdown
Residential
2,089
Single Family
1,874
Multi-Family
215
Businesses
144
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Listed by: Janel Morgan • RE/MAX Results
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6699218