3360 Watertown Rd, Long Lake, MN, 55356 | 3.82% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Total monthly income runs $4,439/mo, and a $6,828/mo payment. Purchase price stands at $1,395,000, and rental yield measures 3.82% with $4,439/mo rent. Return on cash invested shows 9.03% in year one, and 5% annual appreciation builds toward $385,413 over five years. Five-year ROI reaches 44.46% and total cumulative return in cash records $200,962. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,439/mo property income covering a $6,828/mo payment rather than investor’s personal income.

Single Family

Built in 2021

2.78 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 55356, Long Lake, MN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	2,401 (100%)
Owner Occupied HU	1,816 (75.6%)
Renter Occupied HU	403 (16.8%)
Vacant Housing Units	182 ( 7.6%)
Median Home Value	$821,163
Average Home Value	$955,650