231 8th Ave N, Casselton, ND, 58012 | $277/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Casselton at 231 8th Ave N, Casselton, ND, 58012 uses $67,958 cash to close to unlock $3,321/yr annual cash flow and $277/mo monthly cash flow. Total monthly income runs $1,524/mo, and a $1,003/mo payment keeps the spread at $277/mo. Purchase price stands at $205,000, and rental yield measures 8.92% with $1,524/mo rent. Return on cash invested shows 24.8% in year one, and 5% annual appreciation builds toward $56,638 over five years. Five-year ROI reaches 128.93% and total cumulative return in cash records $87,618. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,524/mo property income covering a $1,003/mo payment rather than investor’s personal income.

Single Family

Built in 1910

0.24 sqft lot

$N/A/sqft

No HOA