121 S 9th StWishekND58495
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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
Investment property for sale in Wishek at 121 S 9th St, Wishek, ND, 58495 listed at $150,000 pairs $1,189/mo rent with a $734/mo payment to leave $276/mo cash flow. Total monthly income runs $1,189/mo, and annual cash flow reaches $3,315/yr on $49,725 cash to close. Return on cash invested measures 26.58% in year one, and rental yield registers 9.51% at a $150,000 basis. Equity gained on principal adds $968/yr, and annual property appreciation at 5% supports $41,442 by year five. Five-year ROI tracks 138.53% and total cumulative return in cash totals $68,886. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,189/mo property income relative to a $734/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1920
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58495, Wishek, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 698 (100%) |
| Owner Occupied HU | 418 (59.9%) |
| Renter Occupied HU | 109 (15.6%) |
| Vacant Housing Units | 171 (24.5%) |
| Median Home Value | $117,778 |
| Average Home Value | $166,238 |
Housing Distribution
Address Breakdown
Residential
410
Single Family
377
Multi-Family
33
Businesses
80
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Listed by: Denise Rohweder • Northern Elements Real Estate
Mls Name: My State MLS
Mls ID: #11578565