103 1st St NWLamoureND58458
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowFew Lamoure rentals match the income profile of 103 1st St NW, Lamoure, ND, 58458. Listed at $165,000, gross rent is $1,990/mo and net cash flow is $985/mo, a 14.47% yield well above national averages. DSCR 2.68 means Ziffy Mortgage can approve your loan on the property's income alone, bypassing personal income verification. The 5% annual appreciation trend adds $45,586 by year five with $1,520/yr in annual principal reduction, projecting $125,966 in total cumulative return.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 14.5% | 6.2% |
| Monthly Cash Flow | $985 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,990 |
| Total Monthly Debt Service | $939 |
| DSCR Ratio | 2.12x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1959
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58458, Lamoure, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 608 (100%) |
| Owner Occupied HU | 376 (61.8%) |
| Renter Occupied HU | 119 (19.6%) |
| Vacant Housing Units | 113 (18.6%) |
| Median Home Value | $162,264 |
| Average Home Value | $210,612 |
Housing Distribution
Address Breakdown
Residential
422
Single Family
386
Multi-Family
36
Businesses
87
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1959
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58458, Lamoure, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 608 (100%) |
| Owner Occupied HU | 376 (61.8%) |
| Renter Occupied HU | 119 (19.6%) |
| Vacant Housing Units | 113 (18.6%) |
| Median Home Value | $162,264 |
| Average Home Value | $210,612 |
Housing Distribution
Address Breakdown
Residential
422
Single Family
386
Multi-Family
36
Businesses
87
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Crystal Lytle • Century 21 Morrison Realty
Mls Name: Great North MLS
Mls ID: #4021879