1662 County Road 7 NELongvilleMN56655
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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 Longville at 1662 County Road 7 NE, Longville, MN, 56655 listed at $235,000 pairs $1,864/mo rent with a $1,150/mo payment to leave $397/mo cash flow. Total monthly income runs $1,864/mo, and annual cash flow reaches $4,761/yr on $77,903 cash to close. Return on cash invested measures 26.02% in year one, and rental yield registers 9.52% at a $235,000 basis. Equity gained on principal adds $1,516/yr, and annual property appreciation at 5% supports $64,926 by year five. Five-year ROI tracks 135.7% and total cumulative return in cash totals $105,712. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,864/mo property income relative to a $1,150/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2009
3.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56655, Longville, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,162 (100%) |
| Owner Occupied HU | 688 (31.8%) |
| Renter Occupied HU | 74 ( 3.4%) |
| Vacant Housing Units | 1,400 (64.8%) |
| Median Home Value | $422,764 |
| Average Home Value | $465,694 |
Housing Distribution
Address Breakdown
Residential
1,124
Single Family
1,116
Multi-Family
8
Businesses
87
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