251 5th Ave NCasseltonND58012
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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
Rental property for sale in Casselton at 251 5th Ave N, Casselton, ND, 58012 offers $1,522/mo rent that, after a $822/mo payment, leaves $442/mo cash flow. Total monthly income is $1,522/mo, and annual cash flow is $5,307/yr on $55,692 cash. Return on cash invested measures 29.44% in year one, and rental yield stands at 10.87% at a $168,000 entry. Equity gained on principal adds $1,084/yr while 5% annual appreciation compounds into $46,415 by year five. Five-year ROI records 154.31% and total cumulative return in cash reaches $85,937. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,522/mo property income versus a $822/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1955
10,454 sqft lot
$N/A/sqft
No HOA
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Listed by: Ross W Powell • RE/MAX Now - VC
Mls Name: Great North MLS
Mls ID: #4019072
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed.