215 S Main StGwinnerND58040
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 Gwinner at 215 S Main St, Gwinner, ND, 58040 priced at $210,000 pairs $900/mo rent with after a $1,028/mo payment. Total monthly income equals $900/mo. Return on cash invested is 13.39% in year one, and rental yield stands at 5.14% on a $210,000 basis. Equity gained on principal adds $1,355/yr, and 5% annual appreciation accumulates to $58,019 by year five. Five-year ROI measures 67.75% and total cumulative return in cash reaches $47,164. For financing, Ziffy Mortgage’s DSCR program evaluates $900/mo property income against a $1,028/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1910
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58040, Gwinner, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 532 (100%) |
| Owner Occupied HU | 320 (60.2%) |
| Renter Occupied HU | 159 (29.9%) |
| Vacant Housing Units | 53 ( 10.0%) |
| Median Home Value | $210,870 |
| Average Home Value | $212,414 |
Housing Distribution
Address Breakdown
Residential
307
Single Family
218
Multi-Family
89
Businesses
40
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A