116 N Lincoln StNorthwoodND58267
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 Northwood at 116 N Lincoln St, Northwood, ND, 58267 generates $2,033/mo in rent and, after a $1,076/mo payment, leaves $662/mo in cash flow. Total monthly income is $2,033/mo, and annual cash flow is $7,944/yr on $72,897 invested. Return on cash invested sits at 30.81% in year one, and rental yield is 11.09% on a $219,900 entry. Equity gained on principal adds $1,419/yr, while 5% annual appreciation builds toward $60,754 over five years. Five-year ROI reaches 161.33% and total cumulative return in cash sums $117,604. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,033/mo property income rather than buyer’s personal income.
Single Family
Built in 1965
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58267, Northwood, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 677 (100%) |
| Owner Occupied HU | 483 (71.3%) |
| Renter Occupied HU | 107 (15.8%) |
| Vacant Housing Units | 87 (12.9%) |
| Median Home Value | $281,875 |
| Average Home Value | $325,067 |
Housing Distribution
Address Breakdown
Residential
297
Single Family
288
Multi-Family
9
Businesses
60
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jodi M Lloyd • Oxford Realty
Mls Name: GFBMLS
Mls Provider:
Mls ID: #25-834
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.