216 4th St EBottineauND58318
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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 Bottineau at 216 4th St E, Bottineau, ND, 58318 earns $189/mo cash flow from $853/mo rent with a $534/mo payment. Total monthly income totals $853/mo, and annual cash flow totals $2,269/yr on $36,134 capital. ROI tracks 26.19% on current figures, and rental yield reads 9.39% at a $109,000 purchase. Equity gained on principal adds $703/yr, and 5% annual appreciation supports $30,115 over five years. Five-year ROI reaches 136.55% and total cumulative return in cash sums $49,342. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $853/mo property income instead of your personal income.
Single Family
Built in 1908
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58318, Bottineau, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,534 (100%) |
| Owner Occupied HU | 1,268 (50.0%) |
| Renter Occupied HU | 397 (15.7%) |
| Vacant Housing Units | 869 (34.3%) |
| Median Home Value | $262,000 |
| Average Home Value | $332,979 |
Housing Distribution
Address Breakdown
Residential
1,869
Single Family
1,747
Multi-Family
122
Businesses
262
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Listed by: Joe Bender • Four Seasons Realty
Mls Name: My State MLS
Mls ID: #11510560