1083 Shoreview DrJordanMN55352
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 Jordan at 1083 Shoreview Dr, Jordan, MN, 55352 offers a 7.31% rental yield on a $475,620 purchase with $2,896/mo rent. 93% in year one. Equity gained on principal adds $3,069/yr while 5% annual appreciation supports $131,405 over five years. Portfolio math shows five-year ROI at 97.82% and total cumulative return in cash at $154,233. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,896/mo property income against a $2,328/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
6,098 sqft lot
$N/A/sqft
$650 annually 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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Nearby investment properties with comparable prices
Listed by: Tracy Mattson • D.R. Horton, Inc.
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6729352
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