210 B St NRichardtonND58652
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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 Richardton at 210 B St N, Richardton, ND, 58652 priced at $425,000 converts $1,680/mo rent into after a $2,080/mo obligation. Total monthly income equals $1,680/mo. Return on cash invested prints 12.19% in year one, and rental yield reads 4.74% against a $425,000 entry. Equity gained on principal adds $2,742/yr, while 5% annual appreciation compiles into $117,420 by year five. Five-year ROI reaches 61.32% and total cumulative return in cash sums $86,393. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,680/mo property income covering a $2,080/mo payment, not borrower’s personal income.
Single Family
Built in 2014
0.64 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58652, Richardton, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 575 (100%) |
| Owner Occupied HU | 389 (67.7%) |
| Renter Occupied HU | 87 (15.1%) |
| Vacant Housing Units | 99 (17.2%) |
| Median Home Value | $212,083 |
| Average Home Value | $304,807 |
Housing Distribution
Address Breakdown
Residential
329
Single Family
329
Multi-Family
0
Businesses
43
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Listed by: Diane Duchscher, ABR, CRS, GRI • Home and Land Company
Mls Name: Badlands BOR
Mls ID: #25-1031