108 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
Rental property for sale in Jordan at 108 3rd St W, Jordan, MN, 55352 generates $2,435/mo in rent and, after a $1,459/mo payment, leaves $574/mo in cash flow. Total monthly income is $2,435/mo, and annual cash flow is $6,884/yr on $98,787 invested. Return on cash invested sits at 26.88% in year one, and rental yield is 9.81% on a $298,000 entry. Equity gained on principal adds $1,923/yr, while 5% annual appreciation builds toward $82,332 over five years. Five-year ROI reaches 140.29% and total cumulative return in cash sums $138,584. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,435/mo property income rather than buyer’s personal income.
Single Family
Built in 1920
6,534 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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