144 6th StGrandinND58038
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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 Grandin at 144 6th St, Grandin, ND, 58038 uses $96,102 cash to close to unlock $1,746/yr annual cash flow and $146/mo monthly cash flow. Total monthly income runs $1,910/mo, and a $1,419/mo payment keeps the spread at $146/mo. Purchase price stands at $289,900, and rental yield measures 7.91% with $1,910/mo rent. Return on cash invested shows 21.73% in year one, and 5% annual appreciation builds toward $80,094 over five years. Five-year ROI reaches 112.48% and total cumulative return in cash records $108,093. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,910/mo property income covering a $1,419/mo payment rather than investor’s personal income.
Single Family
Built in 1978
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58038, Grandin, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 128 (100%) |
| Owner Occupied HU | 115 (89.8%) |
| Renter Occupied HU | 6 ( 4.7%) |
| Vacant Housing Units | 7 ( 5.5%) |
| Median Home Value | $344,048 |
| Average Home Value | $354,152 |
Housing Distribution
Address Breakdown
Residential
58
Single Family
58
Multi-Family
0
Businesses
15
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Listed by: N/A • N/A
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