209 2nd Ave SEBelfieldND58622
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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 Belfield at 209 2nd Ave SE, Belfield, ND, 58622 uses $71,273 cash to close to unlock $1,245/yr annual cash flow and $104/mo monthly cash flow. Total monthly income runs $1,412/mo, and a $1,052/mo payment keeps the spread at $104/mo. Purchase price stands at $215,000, and rental yield measures 7.88% with $1,412/mo rent. Return on cash invested shows 21.66% in year one, and 5% annual appreciation builds toward $59,401 over five years. Five-year ROI reaches 112.08% and total cumulative return in cash records $79,885. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,412/mo property income covering a $1,052/mo payment rather than investor’s personal income.
Townhouse
Built in 2012
5,250 sqft lot
$N/A/sqft
No HOA
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Listed by: Olivia (Liv) Wellenstein • Continental Real Estate, Inc.
Mls Name: Badlands BOR
Mls Provider:
Mls ID: #25-208
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