344 Norman Point Rd NWLongvilleMN56655
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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
Total monthly income runs $2,509/mo, and a $3,549/mo payment. Purchase price stands at $725,000, and rental yield measures 4.15% with $2,509/mo rent. Return on cash invested shows 9.9% in year one, and 5% annual appreciation builds toward $200,304 over five years. Five-year ROI reaches 49.24% and total cumulative return in cash records $117,461. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,509/mo property income covering a $3,549/mo payment rather than investor’s personal income.
Single Family
Built in 2003
1.27 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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