706 7th Ave NWClara CityMN56222
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayGlobal investors willing to prioritise equity over near-term yield will find 706 7th Ave NW, Clara City, MN, 56222 in Clara City worth study. Rental yield 0%. The 0% gross yield is below cash-flow benchmarks at $270,000, but 5% annual appreciation, adding $74,596 over five years, frames this as a capital growth position. Rent of $0/mo partially offsets the $1,214/mo payment. Ziffy Mortgage finances appreciation-play properties (0.00 DSCR) for non-U.S. residents without domestic income documentation; a 30–35% down payment maximises coverage.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 8.0% |
| Monthly Cash Flow | $0 | $850 |
City averages based on Clara City market data in our database. Property projections are estimates.
Single Family
Built in 1978
0.32 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56222, Clara City, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 840 (100%) |
| Owner Occupied HU | 570 (67.9%) |
| Renter Occupied HU | 172 (20.5%) |
| Vacant Housing Units | 98 (11.7%) |
| Median Home Value | $204,091 |
| Average Home Value | $227,978 |
Housing Distribution
Address Breakdown
Residential
417
Single Family
331
Multi-Family
86
Businesses
64
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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
Single Family
Built in 1978
0.32 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56222, Clara City, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 840 (100%) |
| Owner Occupied HU | 570 (67.9%) |
| Renter Occupied HU | 172 (20.5%) |
| Vacant Housing Units | 98 (11.7%) |
| Median Home Value | $204,091 |
| Average Home Value | $227,978 |
Housing Distribution
Address Breakdown
Residential
417
Single Family
331
Multi-Family
86
Businesses
64
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Kristi Jo Block • eXp Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6777511