281 Walnut StKindredND58051
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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 Kindred at 281 Walnut St, Kindred, ND, 58051 listed at $150,000 pairs $1,577/mo rent with a $734/mo payment to leave $573/mo cash flow. Total monthly income runs $1,577/mo, and annual cash flow reaches $6,879/yr on $49,725 cash to close. Return on cash invested measures 33.74% in year one, and rental yield registers 12.62% at a $150,000 basis. Equity gained on principal adds $968/yr, and annual property appreciation at 5% supports $41,442 by year five. Five-year ROI tracks 177.75% and total cumulative return in cash totals $88,386. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,577/mo property income relative to a $734/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1960
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58051, Kindred, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 692 (100%) |
| Owner Occupied HU | 578 (83.5%) |
| Renter Occupied HU | 66 ( 9.5%) |
| Vacant Housing Units | 48 ( 6.9%) |
| Median Home Value | $420,765 |
| Average Home Value | $483,157 |
Housing Distribution
Address Breakdown
Residential
627
Single Family
613
Multi-Family
14
Businesses
60
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Listed by: Tyler Rebrovich • Berkshire Hathaway HomeServices Premier Properties
Mls Name: FMARMLS
Mls Provider:
Mls ID: #6599106
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.