1319 4th AveWashburnND58577
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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 Washburn at 1319 4th Ave, Washburn, ND, 58577 earns $428/mo cash flow from $1,097/mo rent with a $538/mo payment. Total monthly income totals $1,097/mo, and annual cash flow totals $5,136/yr on $36,432 capital. ROI tracks 34.01% on current figures, and rental yield reads 11.98% at a $109,900 purchase. Equity gained on principal adds $709/yr, and 5% annual appreciation supports $30,363 over five years. Five-year ROI reaches 178.44% and total cumulative return in cash sums $65,008. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,097/mo property income instead of your personal income.
Single Family
Built in 1940
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58577, Washburn, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 980 (100%) |
| Owner Occupied HU | 673 (68.7%) |
| Renter Occupied HU | 135 (13.8%) |
| Vacant Housing Units | 172 (17.6%) |
| Median Home Value | $255,099 |
| Average Home Value | $287,819 |
Housing Distribution
Address Breakdown
Residential
618
Single Family
562
Multi-Family
56
Businesses
85
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Listed by: Frankie Sue Pierson • eXp Realty
Mls Name: Great North MLS
Mls ID: #4020435