103 1st St NWLamoureND58458
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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 Lamoure at 103 1st St NW, Lamoure, ND, 58458 earns $985/mo cash flow from $1,990/mo rent with a $808/mo payment. Total monthly income totals $1,990/mo, and annual cash flow totals $11,824/yr on $54,698 capital. ROI tracks 41.53% on current figures, and rental yield reads 14.47% at a $165,000 purchase. Equity gained on principal adds $1,065/yr, and 5% annual appreciation supports $45,586 over five years. Five-year ROI reaches 218.71% and total cumulative return in cash sums $119,627. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,990/mo property income instead of your personal income.
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
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Listed by: Crystal Lytle • Century 21 Morrison Realty
Mls Name: Great North MLS
Mls ID: #4021879