1002 Main StBottineauND58318
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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 Bottineau at 1002 Main St, Bottineau, ND, 58318 offers a 9.2% rental yield on a $109,900 purchase with $843/mo rent. Total monthly income registers $843/mo, and a $538/mo payment leaves $174/mo available for distribution. Annual cash flow reaches $2,088/yr on $36,432 to close, and return on cash invested stands at 25.64% in year one. Equity gained on principal adds $709/yr while 5% annual appreciation supports $30,363 over five years. Portfolio math shows five-year ROI at 133.61% and total cumulative return in cash at $48,676. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $843/mo property income against a $538/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
7,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58318, Bottineau, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,534 (100%) |
| Owner Occupied HU | 1,268 (50.0%) |
| Renter Occupied HU | 397 (15.7%) |
| Vacant Housing Units | 869 (34.3%) |
| Median Home Value | $262,000 |
| Average Home Value | $332,979 |
Housing Distribution
Address Breakdown
Residential
1,869
Single Family
1,747
Multi-Family
122
Businesses
262
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Listed by: Brett Houck • Turtle Mountain Real Estate
Mls Name: My State MLS
Mls ID: #11529683