1209 Evenson DrLisbonND58054
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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 Lisbon at 1209 Evenson Dr, Lisbon, ND, 58054 generates $3,146/mo in rent and, after a $1,786/mo payment, leaves $925/mo in cash flow. Total monthly income is $3,146/mo, and annual cash flow is $11,100/yr on $120,998 invested. Return on cash invested sits at 29.08% in year one, and rental yield is 10.34% on a $365,000 entry. Equity gained on principal adds $2,355/yr, while 5% annual appreciation builds toward $100,843 over five years. Five-year ROI reaches 151.93% and total cumulative return in cash sums $183,835. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,146/mo property income rather than buyer’s personal income.
Single Family
Built in 2018
0.35 Acres lot
$N/A/sqft
No HOA
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Listed by: Michael J Janke • Century 21 Morrison Realty
Mls Name: Great North MLS
Mls ID: #4022372