1002 1st St N, Casselton, ND, 58012 | $221/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Casselton at 1002 1st St N, Casselton, ND, 58012 uses $66,300 cash to close to unlock $2,648/yr annual cash flow and $221/mo monthly cash flow. Total monthly income runs $1,438/mo, and a $979/mo payment keeps the spread at $221/mo. Purchase price stands at $200,000, and rental yield measures 8.63% with $1,438/mo rent. Return on cash invested shows 23.9% in year one, and 5% annual appreciation builds toward $55,256 over five years. Five-year ROI reaches 124.12% and total cumulative return in cash records $82,292. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,438/mo property income covering a $979/mo payment rather than investor’s personal income.

Single Family

Built in 1953

0.26 sqft lot

$N/A/sqft

No HOA