1061 1st St N, Casselton, ND, 58012 | $361/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Casselton at 1061 1st St N, Casselton, ND, 58012 uses $65,969 cash to close to unlock $4,330/yr annual cash flow and $361/mo monthly cash flow. Total monthly income runs $1,572/mo, and a $974/mo payment keeps the spread at $361/mo. Purchase price stands at $199,000, and rental yield measures 9.48% with $1,572/mo rent. Return on cash invested shows 26.47% in year one, and 5% annual appreciation builds toward $54,980 over five years. Five-year ROI reaches 137.91% and total cumulative return in cash records $90,978. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,572/mo property income covering a $974/mo payment rather than investor’s personal income.

Single Family

Built in 1900

7,013 sqft lot

$N/A/sqft

No HOA