160 Walnut StKindredND58051
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Kindred at 160 Walnut St, Kindred, ND, 58051 uses $92,820 cash to close to unlock $6,220/yr annual cash flow and $518/mo monthly cash flow. Total monthly income runs $2,222/mo, and a $1,370/mo payment keeps the spread at $518/mo. Purchase price stands at $280,000, and rental yield measures 9.52% with $2,222/mo rent. Return on cash invested shows 26.61% in year one, and 5% annual appreciation builds toward $77,359 over five years. Five-year ROI reaches 138.68% and total cumulative return in cash records $128,721. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,222/mo property income covering a $1,370/mo payment rather than investor’s personal income.
Single Family
Built in 1976
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58051, Kindred, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 692 (100%) |
| Owner Occupied HU | 578 (83.5%) |
| Renter Occupied HU | 66 ( 9.5%) |
| Vacant Housing Units | 48 ( 6.9%) |
| Median Home Value | $420,765 |
| Average Home Value | $483,157 |
Housing Distribution
Address Breakdown
Residential
627
Single Family
613
Multi-Family
14
Businesses
60
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jamie R Swenson • Park Co., REALTORS
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6788023