1305 Thompson StBottineauND58318
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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 Bottineau at 1305 Thompson St, Bottineau, ND, 58318 with 5% annual appreciation on a $229,900 basis while $1,470/mo rent supports operations. Total monthly income totals $1,470/mo and a $1,125/mo payment preserves $71/mo for cash returns. Annual cash flow comes to $852/yr on $76,212 deployed, and return on cash invested reaches 21.03% in year one. Equity gained on principal adds $1,484/yr, and five-year appreciation sums $63,517 alongside rental yield of 7.67%. Five-year ROI measures 108.77% and total cumulative return in cash totals $82,895.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,470/mo property income versus a $1,125/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1978
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58318, Bottineau, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,534 (100%) |
| Owner Occupied HU | 1,268 (50.0%) |
| Renter Occupied HU | 397 (15.7%) |
| Vacant Housing Units | 869 (34.3%) |
| Median Home Value | $262,000 |
| Average Home Value | $332,979 |
Housing Distribution
Address Breakdown
Residential
1,869
Single Family
1,747
Multi-Family
122
Businesses
262
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Listed by: Brett Houck • Turtle Mountain Real Estate
Mls Name: My State MLS
Mls ID: #11497311