1004 Sunset CtBowmanND58623
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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 Bowman at 1004 Sunset Ct, Bowman, ND, 58623 listed at $205,000 pairs $1,327/mo rent with a $1,003/mo payment to leave $80/mo cash flow. Total monthly income runs $1,327/mo, and annual cash flow reaches $957/yr on $67,958 cash to close. Return on cash invested measures 21.32% in year one, and rental yield registers 7.77% at a $205,000 basis. Equity gained on principal adds $1,323/yr, and annual property appreciation at 5% supports $56,638 by year five. Five-year ROI tracks 110.27% and total cumulative return in cash totals $74,934. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,327/mo property income relative to a $1,003/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1983
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58623, Bowman, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,166 (100%) |
| Owner Occupied HU | 696 (59.7%) |
| Renter Occupied HU | 223 (19.1%) |
| Vacant Housing Units | 247 (21.2%) |
| Median Home Value | $194,930 |
| Average Home Value | $254,404 |
Housing Distribution
Address Breakdown
Residential
611
Single Family
572
Multi-Family
39
Businesses
148
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Listed by: Scott Ouradnik • Century 21 Morrison Realty
Mls Name: Badlands BOR
Mls ID: #25-1078