302 6th St WJordanMN55352
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowSolid fundamentals define the investment case at 302 6th St W, Jordan, MN, 55352 in Jordan: $2,160/mo in rent, $381/mo in net income, 10.58% gross yield, 1.96 DSCR, all at $244,900. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $67,661 in appreciation and $2,256/yr in principal paydown projects total cumulative return of $118,567.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.6% | 7.0% |
| Monthly Cash Flow | $381 | $250 |
City averages based on Jordan market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,160 |
| Total Monthly Debt Service | $1,682 |
| DSCR Ratio | 1.28x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 2000
3,920 sqft lot
$N/A/sqft
$250 monthly 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
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
Townhouse
Built in 2000
3,920 sqft lot
$N/A/sqft
$250 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices