104 2nd St EJasperMN56144
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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
Rental property for sale in Jasper at 104 2nd St E, Jasper, MN, 56144 generates $2,093/mo in rent and, after a $945/mo payment, leaves $887/mo in cash flow. Total monthly income is $2,093/mo, and annual cash flow is $10,649/yr on $63,980 invested. Return on cash invested sits at 36.55% in year one, and rental yield is 13.01% on a $193,000 entry. Equity gained on principal adds $1,245/yr, while 5% annual appreciation builds toward $53,322 over five years. Five-year ROI reaches 192.22% and total cumulative return in cash sums $122,982. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,093/mo property income rather than buyer’s personal income.
Single Family
Built in 2010
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56144, Jasper, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 563 (100%) |
| Owner Occupied HU | 422 (75.0%) |
| Renter Occupied HU | 78 (13.9%) |
| Vacant Housing Units | 63 (11.2%) |
| Median Home Value | $207,547 |
| Average Home Value | $263,744 |
Housing Distribution
Address Breakdown
Residential
514
Single Family
498
Multi-Family
16
Businesses
28
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Listed by: Brett J Sichmeller • Alpine Residential
Mls Name: Realtor Association of the Sioux Empire
Mls Provider:
Mls ID: #22500363
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the REALTOR Association of the Sioux Empire, Inc., Multiple Listing Service. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Information is deemed reliable but not guaranteed. Copyright 2025 REALTOR Association of the Sioux Empire, Inc., Inc. Multiple Listing Service. All rights reserved.