209 S Badger StWishekND58495
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 Wishek at 209 S Badger St, Wishek, ND, 58495 priced at $180,000 converts $1,352/mo rent into $257/mo cash flow after a $881/mo obligation. Total monthly income equals $1,352/mo, and annual cash flow totals $3,078/yr on $59,670 invested. Return on cash invested prints 25.07% in year one, and rental yield reads 9.01% against a $180,000 entry. Equity gained on principal adds $1,162/yr, while 5% annual appreciation compiles into $49,731 by year five. Five-year ROI reaches 130.38% and total cumulative return in cash sums $77,801. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,352/mo property income covering a $881/mo payment, not borrower’s personal income.
Single Family
Built in 1972
10,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58495, Wishek, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 698 (100%) |
| Owner Occupied HU | 418 (59.9%) |
| Renter Occupied HU | 109 (15.6%) |
| Vacant Housing Units | 171 (24.5%) |
| Median Home Value | $117,778 |
| Average Home Value | $166,238 |
Housing Distribution
Address Breakdown
Residential
410
Single Family
377
Multi-Family
33
Businesses
80
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Listed by: Denise Rohweder • Northern Elements Real Estate
Mls Name: My State MLS
Mls ID: #11481816