77201 270th StClarks GroveMN56016
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 Clarks Grove at 77201 270th St, Clarks Grove, MN, 56016 earns from $1,420/mo rent with a $1,463/mo payment. Total monthly income totals $1,420/mo. ROI tracks 14.5% on current figures, and rental yield reads 5.7% at a $299,000 purchase. Equity gained on principal adds $1,929/yr, and 5% annual appreciation supports $82,608 over five years. Five-year ROI reaches 73.93% and total cumulative return in cash sums $73,282. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,420/mo property income instead of your personal income.
Single Family
Built in 1910
1.62 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56016, Clarks Grove, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 432 (100%) |
| Owner Occupied HU | 335 (77.5%) |
| Renter Occupied HU | 69 (16.0%) |
| Vacant Housing Units | 28 ( 6.5%) |
| Median Home Value | $243,750 |
| Average Home Value | $268,933 |
Housing Distribution
Address Breakdown
Residential
212
Single Family
212
Multi-Family
0
Businesses
21
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Listed by: Harlee Ashtyn Vokon • eXp Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6792833