605 Park StJacksonMN56143
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 Jackson at 605 Park St, Jackson, MN, 56143 priced at $267,000 pairs $1,691/mo rent with $24/mo cash flow after a $1,307/mo payment. Total monthly income equals $1,691/mo, and annual cash flow comes to $283/yr on $88,511 invested. Return on cash invested is 20.23% in year one, and rental yield stands at 7.6% on a $267,000 basis. Equity gained on principal adds $1,723/yr, and 5% annual appreciation accumulates to $73,767 by year five. Five-year ROI measures 104.63% and total cumulative return in cash reaches $92,611. For financing, Ziffy Mortgage’s DSCR program evaluates $1,691/mo property income against a $1,307/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1917
0.31 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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