1185 Raven Ave SCasseltonND58012
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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 Casselton at 1185 Raven Ave S, Casselton, ND, 58012 priced at $318,900 pairs $3,024/mo rent with $1,083/mo cash flow after a $1,561/mo payment. Total monthly income equals $3,024/mo, and annual cash flow comes to $12,996/yr on $105,715 invested. Return on cash invested is 32.2% in year one, and rental yield stands at 11.38% on a $318,900 basis. Equity gained on principal adds $2,058/yr, and 5% annual appreciation accumulates to $88,106 by year five. Five-year ROI measures 168.62% and total cumulative return in cash reaches $178,254. For financing, Ziffy Mortgage’s DSCR program evaluates $3,024/mo property income against a $1,561/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2024
7,840 sqft lot
$N/A/sqft
No HOA
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Listed by: Adam Runde • Raboin Realty
Mls Name: FMARMLS
Mls Provider:
Mls ID: #6614448
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. The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed.