1101 Foster Ave NECooperstownND58425
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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 Cooperstown at 1101 Foster Ave NE, Cooperstown, ND, 58425 uses $78,897 cash to close to unlock $6,353/yr annual cash flow and $529/mo monthly cash flow. Total monthly income runs $1,978/mo, and a $1,165/mo payment keeps the spread at $529/mo. Purchase price stands at $238,000, and rental yield measures 9.97% with $1,978/mo rent. Return on cash invested shows 27.96% in year one, and 5% annual appreciation builds toward $65,755 over five years. Five-year ROI reaches 145.92% and total cumulative return in cash records $115,126. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,978/mo property income covering a $1,165/mo payment rather than investor’s personal income.
Single Family
Built in 1917
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58425, Cooperstown, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 748 (100%) |
| Owner Occupied HU | 443 (59.2%) |
| Renter Occupied HU | 146 (19.5%) |
| Vacant Housing Units | 159 (21.3%) |
| Median Home Value | $170,982 |
| Average Home Value | $260,000 |
Housing Distribution
Address Breakdown
Residential
443
Single Family
382
Multi-Family
61
Businesses
105
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Listed by: Stacey Aarestad • Aarestad Realty
Mls Name: My State MLS
Mls ID: #11596636