15607 54th St SELeonardND58052
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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 Leonard at 15607 54th St SE, Leonard, ND, 58052 generates $834/mo in rent, after a $4,258/mo payment. Total monthly income is $834/mo. Return on cash invested sits at 1.36% in year one, and rental yield is 1.15% on a $869,900 entry. Equity gained on principal adds $5,613/yr, while 5% annual appreciation builds toward $240,337 over five years. Five-year ROI reaches 3.19% and total cumulative return in cash sums $9,137. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $834/mo property income rather than buyer’s personal income.
Single Family
Built in 2007
9.30 Acres lot
$N/A/sqft
No HOA
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Listed by: Andrew Rheault • Town & Country Realty
Mls Name: FMARMLS
Mls Provider:
Mls ID: #6574881
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed.