215 5th St NRichardtonND58652
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid, durable, and financeable, 215 5th St N, Richardton, ND, 58652 in Richardton earns a 9.97% gross yield at $220,000. Rent of $1,828/mo nets $489/mo after the $989/mo mortgage. The 1.85 DSCR signals clean DSCR underwriting through Ziffy Mortgage, with no personal income verification required. Five-year value growth of $60,782 and $2,026/yr in equity accumulation project a total cumulative return of $114,818.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 10% | 6.2% |
| Monthly Cash Flow | $489 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,828 |
| Total Monthly Debt Service | $1,251 |
| DSCR Ratio | 1.46x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
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
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
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Badlands BOR
Mls ID: #26-19