101 2nd Ave NEBertholdND58718
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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 Berthold at 101 2nd Ave NE, Berthold, ND, 58718 offers a 8.98% rental yield on a $299,999 purchase with $2,244/mo rent. Total monthly income registers $2,244/mo, and a $1,468/mo payment leaves $419/mo available for distribution. Annual cash flow reaches $5,022/yr on $99,450 to close, and return on cash invested stands at 24.96% in year one. Equity gained on principal adds $1,936/yr while 5% annual appreciation supports $82,884 over five years. Portfolio math shows five-year ROI at 129.81% and total cumulative return in cash at $129,096. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,244/mo property income against a $1,468/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1952
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58718, Berthold, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 490 (100%) |
| Owner Occupied HU | 359 (73.3%) |
| Renter Occupied HU | 59 (12.0%) |
| Vacant Housing Units | 72 (14.7%) |
| Median Home Value | $249,537 |
| Average Home Value | $256,024 |
Housing Distribution
Address Breakdown
Residential
311
Single Family
311
Multi-Family
0
Businesses
40
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