1008 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 1008 Main St, Bottineau, ND, 58318 listed at $129,900 pairs $871/mo rent with a $636/mo payment to leave $80/mo cash flow. Total monthly income runs $871/mo, and annual cash flow reaches $962/yr on $43,062 cash to close. Return on cash invested measures 22.14% in year one, and rental yield registers 8.05% at a $129,900 basis. Equity gained on principal adds $838/yr, and annual property appreciation at 5% supports $35,889 by year five. Five-year ROI tracks 114.77% and total cumulative return in cash totals $49,423. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $871/mo property income relative to a $636/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1950
6,969 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: Joe Bender • Four Seasons Realty
Mls Name: My State MLS
Mls ID: #11601499