Douglas Plan, Prairie ParkwayMoorheadMN56560
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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 Moorhead at Douglas Plan, Prairie Parkway, Moorhead, MN, 56560 priced at $379,000 converts $3,552/mo rent into $1,185/mo cash flow after a $1,855/mo obligation. Total monthly income equals $3,552/mo, and annual cash flow totals $14,224/yr on $125,639 invested. Return on cash invested prints 31.23% in year one, and rental yield reads 11.25% against a $379,000 entry. Equity gained on principal adds $2,446/yr, while 5% annual appreciation compiles into $104,711 by year five. Five-year ROI reaches 163.64% and total cumulative return in cash sums $205,595. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,552/mo property income covering a $1,855/mo payment, not borrower’s personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56560, Moorhead, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,988 (100%) |
| Owner Occupied HU | 10,864 (54.4%) |
| Renter Occupied HU | 7,732 (38.7%) |
| Vacant Housing Units | 1,392 ( 7.0%) |
| Median Home Value | $304,220 |
| Average Home Value | $340,835 |
Housing Distribution
Address Breakdown
Residential
18,934
Single Family
13,479
Multi-Family
5,455
Businesses
933
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