212 C Ave ELakotaND58344
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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 Lakota at 212 C Ave E, Lakota, ND, 58344 priced at $159,900 pairs $0/mo rent with after a $783/mo payment. Total monthly income equals $0/mo. Return on cash invested is -2.13% in year one, and rental yield stands at 0% on a $159,900 basis. Equity gained on principal adds $1,032/yr, and 5% annual appreciation accumulates to $44,177 by year five. For financing, Ziffy Mortgage’s DSCR program evaluates $0/mo property income against a $783/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 1992
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58344, Lakota, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 530 (100%) |
| Owner Occupied HU | 310 (58.5%) |
| Renter Occupied HU | 109 (20.6%) |
| Vacant Housing Units | 111 (20.9%) |
| Median Home Value | $143,519 |
| Average Home Value | $170,460 |
Housing Distribution
Address Breakdown
Residential
258
Single Family
235
Multi-Family
23
Businesses
74
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No similar rental properties found nearby.
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Listed by: Robin K. Freidig • Real Estate 7
Mls Name: My State MLS
Mls ID: #11533422