671 Centennial Dr SLong PrairieMN56347
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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 Long Prairie at 671 Centennial Dr S, Long Prairie, MN, 56347 with 5% annual appreciation on a $234,500 basis while $1,808/mo rent supports operations. Total monthly income totals $1,808/mo and a $1,148/mo payment preserves $343/mo for cash returns. Annual cash flow comes to $4,121/yr on $77,737 deployed, and return on cash invested reaches 25.21% in year one. Equity gained on principal adds $1,513/yr, and five-year appreciation sums $64,788 alongside rental yield of 9.25%. Five-year ROI measures 131.39% and total cumulative return in cash totals $102,136.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,808/mo property income versus a $1,148/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1978
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56347, Long Prairie, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,042 (100%) |
| Owner Occupied HU | 1,965 (64.6%) |
| Renter Occupied HU | 718 (23.6%) |
| Vacant Housing Units | 359 (11.8%) |
| Median Home Value | $233,362 |
| Average Home Value | $269,607 |
Housing Distribution
Address Breakdown
Residential
2,848
Single Family
2,523
Multi-Family
325
Businesses
240
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Listed by: N/A • N/A
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