123 3rd St NRichardtonND58652
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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 Richardton at 123 3rd St N, Richardton, ND, 58652 listed at $165,300 pairs $1,912/mo rent with a $809/mo payment to leave $906/mo cash flow. Total monthly income runs $1,912/mo, and annual cash flow reaches $10,872/yr on $54,797 cash to close. Return on cash invested measures 39.75% in year one, and rental yield registers 13.88% at a $165,300 basis. Equity gained on principal adds $1,067/yr, and annual property appreciation at 5% supports $45,669 by year five. Five-year ROI tracks 209.2% and total cumulative return in cash totals $114,634. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,912/mo property income relative to a $809/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1936
7,013 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58652, Richardton, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 575 (100%) |
| Owner Occupied HU | 389 (67.7%) |
| Renter Occupied HU | 87 (15.1%) |
| Vacant Housing Units | 99 (17.2%) |
| Median Home Value | $212,083 |
| Average Home Value | $304,807 |
Housing Distribution
Address Breakdown
Residential
329
Single Family
329
Multi-Family
0
Businesses
43
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Listed by: N/A • N/A
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