1083 Stone Creek 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
Rental property for sale in Jordan at 1083 Stone Creek Dr, Jordan, MN, 55352 priced at $474,620 pairs $2,896/mo rent with after a $2,323/mo payment. Total monthly income equals $2,896/mo. Return on cash invested is 18.98% in year one, and rental yield stands at 7.32% on a $474,620 basis. Equity gained on principal adds $3,063/yr, and 5% annual appreciation accumulates to $131,129 by year five. Five-year ROI measures 98.1% and total cumulative return in cash reaches $154,339. For financing, Ziffy Mortgage’s DSCR program evaluates $2,896/mo property income against a $2,323/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2023
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: Roni Mugaki • D.R. Horton, Inc.
Mls Name: NorthStar MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6594886
Disclaimer: Based on information submitted to the MLS GRID as of 2024-10-14 17:06:26 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/info/mls-disclaimers/#mls_28) By searching Northstar MLS listings you agree to the [Northstar MLS End User License Agreement](https://static1.squarespace.com/static/56c4eea9d51cd483819dae7b/t/56cbe7e32fe13151e10e6b3d/1456203748061/EULA.pdf)