261 State StJacksonMN56143
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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 261 State St, Jackson, MN, 56143 offers a 10.64% rental yield on a $115,000 purchase with $1,020/mo rent. Total monthly income registers $1,020/mo, and a $563/mo payment leaves $302/mo available for distribution. Annual cash flow reaches $3,621/yr on $38,123 to close, and return on cash invested stands at 29.41% in year one. Equity gained on principal adds $742/yr while 5% annual appreciation supports $31,772 over five years. Portfolio math shows five-year ROI at 153.89% and total cumulative return in cash at $58,665. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,020/mo property income against a $563/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1930
0.33 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
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