118 4th St NWTiogaND58852
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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
Rental property for sale in Tioga at 118 4th St NW, Tioga, ND, 58852 generates $1,524/mo in rent and, after a $1,077/mo payment, leaves $185/mo in cash flow. Total monthly income is $1,524/mo, and annual cash flow is $2,218/yr on $72,930 invested. Return on cash invested sits at 22.95% in year one, and rental yield is 8.31% on a $220,000 entry. Equity gained on principal adds $1,420/yr, while 5% annual appreciation builds toward $60,782 over five years. Five-year ROI reaches 119.03% and total cumulative return in cash sums $86,807. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,524/mo property income rather than buyer’s personal income.
Single Family
Built in 1906
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58852, Tioga, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,596 (100%) |
| Owner Occupied HU | 614 (38.5%) |
| Renter Occupied HU | 573 (35.9%) |
| Vacant Housing Units | 409 (25.6%) |
| Median Home Value | $217,308 |
| Average Home Value | $267,154 |
Housing Distribution
Address Breakdown
Residential
575
Single Family
439
Multi-Family
136
Businesses
151
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Listed by: Tiffanie Finstrom • Real
Mls Name: Minot MLS
Mls ID: #251716