215 5th 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
Investment property for sale in Richardton at 215 5th St N, Richardton, ND, 58652 earns from $1,325/mo rent with a $1,077/mo payment. Total monthly income totals $1,325/mo. ROI tracks 19.68% on current figures, and rental yield reads 7.23% at a $220,000 purchase. Equity gained on principal adds $1,420/yr, and 5% annual appreciation supports $60,782 over five years. Five-year ROI reaches 101.44% and total cumulative return in cash sums $73,979. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,325/mo property income instead of your personal income.
Single Family
Built in 1977
10,500 sqft 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: Mandie Erickson • Continental Real Estate, Inc.
Mls Name: Badlands BOR
Mls ID: #26-19