1403 Lenham Ave SECooperstownND58425
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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 Cooperstown at 1403 Lenham Ave SE, Cooperstown, ND, 58425 offers a 6.69% rental yield on a $139,900 purchase with $780/mo rent. 05% in year one. Equity gained on principal adds $903/yr while 5% annual appreciation supports $38,652 over five years. Portfolio math shows five-year ROI at 92.85% and total cumulative return in cash at $43,059. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $780/mo property income against a $685/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58425, Cooperstown, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 748 (100%) |
| Owner Occupied HU | 443 (59.2%) |
| Renter Occupied HU | 146 (19.5%) |
| Vacant Housing Units | 159 (21.3%) |
| Median Home Value | $170,982 |
| Average Home Value | $260,000 |
Housing Distribution
Address Breakdown
Residential
443
Single Family
382
Multi-Family
61
Businesses
105
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Listed by: Jodi M Lloyd • Oxford Realty
Mls Name: GFBMLS
Mls ID: #25-1568