109 2nd St EJordanMN55352
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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 109 2nd St E, Jordan, MN, 55352 uses $96,102 cash to close to unlock $11,024/yr annual cash flow and $919/mo monthly cash flow. Total monthly income runs $2,729/mo, and a $1,419/mo payment keeps the spread at $919/mo. Purchase price stands at $289,900, and rental yield measures 11.3% with $2,729/mo rent. Return on cash invested shows 31.38% in year one, and 5% annual appreciation builds toward $80,094 over five years. Five-year ROI reaches 164.45% and total cumulative return in cash records $158,037. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,729/mo property income covering a $1,419/mo payment rather than investor’s personal income.
Single Family
Built in 1930
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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