128 4th 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
Rental property for sale in Richardton at 128 4th St N, Richardton, ND, 58652 priced at $207,000 converts $1,934/mo rent into $674/mo cash flow after a $1,013/mo obligation. Total monthly income equals $1,934/mo, and annual cash flow totals $8,092/yr on $68,621 invested. Return on cash invested prints 31.7% in year one, and rental yield reads 11.21% against a $207,000 entry. Equity gained on principal adds $1,336/yr, while 5% annual appreciation compiles into $57,190 by year five. Five-year ROI reaches 165.99% and total cumulative return in cash sums $113,902. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,934/mo property income covering a $1,013/mo payment, not borrower’s personal income.
Single Family
Built in 1949
0.32 Acres 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: Josh Dohrmann • The Real Estate Company
Mls Name: Badlands BOR
Mls Provider:
Mls ID: #25-299
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.