123 4th St SELamoureND58458
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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 Lamoure at 123 4th St SE, Lamoure, ND, 58458 at $144,900 posts ROI 25.66% with $230/mo cash flow from $1,112/mo rent. Total monthly income equals $1,112/mo, and annual cash flow records $2,764/yr on $48,034 to close. Return on cash invested measures 25.66% and rental yield reads 9.21% at the current $144,900. Equity gained on principal adds $935/yr, and 5% annual appreciation supports $40,033 by year five. Five-year ROI prints 133.63% and total cumulative return in cash totals $64,189.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,112/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1900
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58458, Lamoure, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 608 (100%) |
| Owner Occupied HU | 376 (61.8%) |
| Renter Occupied HU | 119 (19.6%) |
| Vacant Housing Units | 113 (18.6%) |
| Median Home Value | $162,264 |
| Average Home Value | $210,612 |
Housing Distribution
Address Breakdown
Residential
422
Single Family
386
Multi-Family
36
Businesses
87
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Listed by: Michael J Janke • Century 21 Morrison Realty
Mls Name: Great North MLS
Mls ID: #4018971
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.