3812 State Highway 84 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 3812 State Highway 84 NE, Longville, MN, 56655 offers a 8.88% rental yield on a $419,900 purchase with $3,107/mo rent. Total monthly income registers $3,107/mo, and a $2,055/mo payment leaves $485/mo available for distribution. Annual cash flow reaches $5,822/yr on $139,197 to close, and return on cash invested stands at 24.09% in year one. Equity gained on principal adds $2,710/yr while 5% annual appreciation supports $116,011 over five years. Portfolio math shows five-year ROI at 125.36% and total cumulative return in cash at $174,504. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,107/mo property income against a $2,055/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2005
2.50 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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