101 3rd St WJordanMN55352
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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 Jordan at 101 3rd St W, Jordan, MN, 55352 listed at $229,900 pairs $2,200/mo rent with a $1,125/mo payment to leave $765/mo cash flow. Total monthly income runs $2,200/mo, and annual cash flow reaches $9,176/yr on $76,212 cash to close. Return on cash invested measures 31.95% in year one, and rental yield registers 11.48% at a $229,900 basis. Equity gained on principal adds $1,484/yr, and annual property appreciation at 5% supports $63,517 by year five. Five-year ROI tracks 167.5% and total cumulative return in cash totals $127,655. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,200/mo property income relative to a $1,125/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1882
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55352, Jordan, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,803 (100%) |
| Owner Occupied HU | 3,085 (81.1%) |
| Renter Occupied HU | 633 (16.6%) |
| Vacant Housing Units | 85 ( 2.2%) |
| Median Home Value | $438,433 |
| Average Home Value | $481,330 |
Housing Distribution
Address Breakdown
Residential
3,802
Single Family
3,523
Multi-Family
279
Businesses
269
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