115 2nd StRiverdaleND58565
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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 Riverdale at 115 2nd St, Riverdale, ND, 58565 listed at $268,000 pairs $1,037/mo rent with a $1,312/mo payment. Total monthly income runs $1,037/mo. Return on cash invested measures 11.88% in year one, and rental yield registers 4.64% at a $268,000 basis. Equity gained on principal adds $1,729/yr, and annual property appreciation at 5% supports $74,043 by year five. Five-year ROI tracks 59.67% and total cumulative return in cash totals $53,013. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,037/mo property income relative to a $1,312/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1949
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58565, Riverdale, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 199 (100%) |
| Owner Occupied HU | 100 (50.3%) |
| Renter Occupied HU | 8 ( 4.0%) |
| Vacant Housing Units | 91 (45.7%) |
| Median Home Value | $267,308 |
| Average Home Value | $461,600 |
Housing Distribution
Address Breakdown
Residential
52
Single Family
52
Multi-Family
0
Businesses
18
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Listed by: Vicky L Steiner • Home and Land Company
Mls Name: Badlands BOR
Mls Provider:
Mls ID: #25-578
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.