131 6th Ave NCasseltonND58012
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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 Casselton at 131 6th Ave N, Casselton, ND, 58012 generates $1,673/mo in rent, after a $1,419/mo payment. Total monthly income is $1,673/mo. Return on cash invested sits at 17.59% in year one, and rental yield is 6.92% on a $290,000 entry. Equity gained on principal adds $1,871/yr, while 5% annual appreciation builds toward $80,122 over five years. Five-year ROI reaches 90.68% and total cumulative return in cash sums $87,172. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,673/mo property income rather than buyer’s personal income.
Single Family
Built in 1979
10,454 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Dan Hedrick • Park Co., REALTORS
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6633036
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