206 3rd Ave SEBelfieldND58622
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
Rental property for sale in Belfield at 206 3rd Ave SE, Belfield, ND, 58622 offers $2,218/mo rent that, after a $1,273/mo payment, leaves $635/mo cash flow. Total monthly income is $2,218/mo, and annual cash flow is $7,622/yr on $86,190 cash. Return on cash invested measures 28.75% in year one, and rental yield stands at 10.24% at a $260,000 entry. Equity gained on principal adds $1,678/yr while 5% annual appreciation compounds into $71,833 by year five. Five-year ROI records 150.18% and total cumulative return in cash reaches $129,437. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,218/mo property income versus a $1,273/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1982
4,827 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Olivia (Liv) Wellenstein • Continental Real Estate, Inc.
Mls Name: Badlands BOR
Mls Provider:
Mls ID: #25-203
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.