111 4th St NLeonardND58052
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
Investment Highlights
Rental property for sale in Leonard at 111 4th St N, Leonard, ND, 58052 offers $834/mo rent that, after a $1,179/mo payment. Total monthly income is $834/mo. Return on cash invested measures 10.41% in year one, and rental yield stands at 4.15% at a $240,900 entry. Equity gained on principal adds $1,554/yr while 5% annual appreciation compounds into $66,556 by year five. Five-year ROI records 51.76% and total cumulative return in cash reaches $41,337. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $834/mo property income versus a $1,179/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1957
0.48 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: DeDe Heller • Town & Country Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6720978
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