1137 Raven Ave SCasseltonND58012
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 1137 Raven Ave S, Casselton, ND, 58012 in Casselton. Rental yield 2.35%. At $459,000 with 2.35% gross yield, current distributions are modest, but the 5% appreciation rate projects $126,813 in new equity by year five, complemented by $4,227/yr in principal paydown. Ziffy Mortgage's DSCR loan (1.48) allows non-U.S. residents to acquire without W-2s or domestic credit. Total projected five-year cumulative return: $191,224.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 2.4% | 7.2% |
| Monthly Cash Flow | $(1,894) | $420 |
City averages based on Casselton market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,063 |
| Total Monthly Debt Service | $2,611 |
| DSCR Ratio | 1.17x |
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 2024
0.19 sqft lot
$N/A/sqft
No HOA
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 2024
0.19 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Steve Hicks • Town & Country Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6697559
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