1404 3rd StLangdonND58249
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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
Total monthly income runs $0/mo, and a $978/mo payment. Purchase price stands at $199,900, and rental yield measures 0% with $0/mo rent. Return on cash invested shows -2.11% in year one, and 5% annual appreciation builds toward $55,229 over five years. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $0/mo property income covering a $978/mo payment rather than investor’s personal income.
Condo
Built in 1995
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58249, Langdon, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,373 (100%) |
| Owner Occupied HU | 889 (64.7%) |
| Renter Occupied HU | 225 (16.4%) |
| Vacant Housing Units | 259 (18.9%) |
| Median Home Value | $163,227 |
| Average Home Value | $200,886 |
Housing Distribution
Address Breakdown
Residential
1,215
Single Family
1,079
Multi-Family
136
Businesses
164
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Listed by: Abby K Borchardt • Greenberg Realty
Mls Name: GFBMLS
Mls Provider:
Mls ID: #25-738
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