124 1st St NWRugbyND58368
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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 Rugby at 124 1st St NW, Rugby, ND, 58368 earns $185/mo cash flow from $915/mo rent with a $587/mo payment. Total monthly income totals $915/mo, and annual cash flow totals $2,221/yr on $39,747 capital. ROI tracks 25.5% on current figures, and rental yield reads 9.16% at a $119,900 purchase. Equity gained on principal adds $774/yr, and 5% annual appreciation supports $33,126 over five years. Five-year ROI reaches 132.78% and total cumulative return in cash sums $52,776. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $915/mo property income instead of your personal income.
Single Family
Built in 1930
7,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58368, Rugby, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,792 (100%) |
| Owner Occupied HU | 1,203 (67.1%) |
| Renter Occupied HU | 295 (16.5%) |
| Vacant Housing Units | 294 (16.4%) |
| Median Home Value | $179,241 |
| Average Home Value | $223,128 |
Housing Distribution
Address Breakdown
Residential
1,653
Single Family
1,500
Multi-Family
153
Businesses
233
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Listed by: Aimee Lehman • Real Estate 7
Mls Name: My State MLS
Mls ID: #11597578