101 3rd St NEKulmND58456
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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
Rental property for sale in Kulm at 101 3rd St NE, Kulm, ND, 58456 generates $1,160/mo in rent and, after a $710/mo payment, leaves $277/mo in cash flow. Total monthly income is $1,160/mo, and annual cash flow is $3,327/yr on $48,068 invested. Return on cash invested sits at 26.83% in year one, and rental yield is 9.6% on a $145,000 entry. Equity gained on principal adds $936/yr, while 5% annual appreciation builds toward $40,061 over five years. Five-year ROI reaches 139.92% and total cumulative return in cash sums $67,256. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,160/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58456, Kulm, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 328 (100%) |
| Owner Occupied HU | 195 (59.5%) |
| Renter Occupied HU | 47 (14.3%) |
| Vacant Housing Units | 86 (26.2%) |
| Median Home Value | $155,147 |
| Average Home Value | $186,333 |
Housing Distribution
Address Breakdown
Residential
111
Single Family
111
Multi-Family
0
Businesses
43
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A