19 Robert StBurlingtonND58722
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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 Burlington at 19 Robert St, Burlington, ND, 58722 priced at $259,900 converts $2,014/mo rent into $432/mo cash flow after a $1,272/mo obligation. Total monthly income equals $2,014/mo, and annual cash flow totals $5,187/yr on $86,157 invested. Return on cash invested prints 25.93% in year one, and rental yield reads 9.3% against a $259,900 entry. Equity gained on principal adds $1,677/yr, while 5% annual appreciation compiles into $71,806 by year five. Five-year ROI reaches 135.02% and total cumulative return in cash sums $116,326. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,014/mo property income covering a $1,272/mo payment, not borrower’s personal income.
Single Family
Built in 2010
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58722, Burlington, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 780 (100%) |
| Owner Occupied HU | 525 (67.3%) |
| Renter Occupied HU | 163 (20.9%) |
| Vacant Housing Units | 92 (11.8%) |
| Median Home Value | $237,987 |
| Average Home Value | $300,148 |
Housing Distribution
Address Breakdown
Residential
631
Single Family
585
Multi-Family
46
Businesses
51
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Listed by: BONNIE DOMSTEEN • Century 21 Morrison Realty
Mls Name: Minot MLS
Mls ID: #251750