83987 Ridge Creek DrClintonMN56225
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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 Clinton at 83987 Ridge Creek Dr, Clinton, MN, 56225 listed at $689,000 pairs $2,824/mo rent with a $3,372/mo payment. Total monthly income runs $2,824/mo. Return on cash invested measures 12.24% in year one, and rental yield registers 4.92% at a $689,000 basis. Equity gained on principal adds $4,446/yr, and annual property appreciation at 5% supports $190,358 by year five. Five-year ROI tracks 61.73% and total cumulative return in cash totals $139,926. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,824/mo property income relative to a $3,372/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2004
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56225, Clinton, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 497 (100%) |
| Owner Occupied HU | 286 (57.5%) |
| Renter Occupied HU | 47 ( 9.5%) |
| Vacant Housing Units | 164 (33.0%) |
| Median Home Value | $244,737 |
| Average Home Value | $325,402 |
Housing Distribution
Address Breakdown
Residential
208
Single Family
188
Multi-Family
20
Businesses
24
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