1209 11th StLangdonND58249
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayYield and appreciation often trade off, and at 1209 11th St, Langdon, ND, 58249 in Langdon the bet is firmly on appreciation. Rental yield 0%. The 0% gross yield on a $264,500 price is below income-first thresholds, but 5%/yr value growth projects $73,076 in equity by year five. Ziffy Mortgage's non-U.S. DSCR mortgage (0.00) finances the acquisition on rental income alone. A larger down payment (30–35%) reduces monthly debt service and tightens the spread.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 6.2% |
| Monthly Cash Flow | $0 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
Single Family
Built in 1969
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58249, Langdon, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,373 (100%) |
| Owner Occupied HU | 889 (64.7%) |
| Renter Occupied HU | 225 (16.4%) |
| Vacant Housing Units | 259 (18.9%) |
| Median Home Value | $163,227 |
| Average Home Value | $200,886 |
Housing Distribution
Address Breakdown
Residential
1,215
Single Family
1,079
Multi-Family
136
Businesses
164
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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 1969
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58249, Langdon, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,373 (100%) |
| Owner Occupied HU | 889 (64.7%) |
| Renter Occupied HU | 225 (16.4%) |
| Vacant Housing Units | 259 (18.9%) |
| Median Home Value | $163,227 |
| Average Home Value | $200,886 |
Housing Distribution
Address Breakdown
Residential
1,215
Single Family
1,079
Multi-Family
136
Businesses
164
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Abby K Borchardt • Greenberg Realty
Mls Name: GFBMLS
Mls Provider:
Mls ID: #25-130
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.