780 Bridgewater DrLong LakeMN55356
Nearby investment properties with comparable rents
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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
Rental property for sale in Long Lake at 780 Bridgewater Dr, Long Lake, MN, 55356 priced at $899,900 pairs $4,116/mo rent with after a $4,405/mo payment. Total monthly income equals $4,116/mo. Return on cash invested is 11.24% in year one, and rental yield stands at 5.49% on a $899,900 basis. Equity gained on principal adds $5,807/yr, and 5% annual appreciation accumulates to $248,626 by year five. Five-year ROI measures 57.37% and total cumulative return in cash reaches $169,864. For financing, Ziffy Mortgage’s DSCR program evaluates $4,116/mo property income against a $4,405/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 2006
4,356 sqft lot
$N/A/sqft
$673 monthly 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 |
Housing Distribution
Address Breakdown
Residential
2,418
Single Family
2,164
Multi-Family
254
Businesses
277
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Listed by: Kevin P Mullen • Lakes Sotheby's International
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6738298
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