817 Sportsman Ln 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
Rental property for sale in Longville at 817 Sportsman Ln NE, Longville, MN, 56655 priced at $1,500,000 pairs $3,060/mo rent with after a $7,342/mo payment. Total monthly income equals $3,060/mo. Return on cash invested is 4.8% in year one, and rental yield stands at 2.45% on a $1,500,000 basis. Equity gained on principal adds $9,679/yr, and 5% annual appreciation accumulates to $414,422 by year five. Five-year ROI measures 21.78% and total cumulative return in cash reaches $105,827. For financing, Ziffy Mortgage’s DSCR program evaluates $3,060/mo property income against a $7,342/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1996
1.18 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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