240 N Pond DrJacksonMN56143
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 Jackson at 240 N Pond Dr, Jackson, MN, 56143 uses $185,885 cash to close to unlock $3,807/yr annual cash flow and $317/mo monthly cash flow. Total monthly income runs $3,845/mo, and a $2,765/mo payment keeps the spread at $317/mo. Purchase price stands at $565,000, and rental yield measures 8.17% with $3,845/mo rent. Return on cash invested shows 22.11% in year one, and 5% annual appreciation builds toward $156,099 over five years. Five-year ROI reaches 114.69% and total cumulative return in cash records $213,195. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,845/mo property income covering a $2,765/mo payment rather than investor’s personal income.
Single Family
Built in 2011
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56143, Jackson, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,232 (100%) |
| Owner Occupied HU | 1,401 (62.8%) |
| Renter Occupied HU | 569 (25.5%) |
| Vacant Housing Units | 262 (11.7%) |
| Median Home Value | $173,037 |
| Average Home Value | $250,678 |
Housing Distribution
Address Breakdown
Residential
2,155
Single Family
1,909
Multi-Family
246
Businesses
233
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices