3 Lake Metigoshe ParkBottineauND58318
Nearby investment properties with comparable rents
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
Total monthly income runs $2,096/mo, and a $4,454/mo payment. Purchase price stands at $910,000, and rental yield measures 2.76% with $2,096/mo rent. Return on cash invested shows 6.26% in year one, and 5% annual appreciation builds toward $251,416 over five years. Five-year ROI reaches 29.49% and total cumulative return in cash records $88,291. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,096/mo property income covering a $4,454/mo payment rather than investor’s personal income.
Single Family
Built in N/A
1.08 Acres 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
Nearby investment properties with comparable rents
Listed by: Judy Waind • Bottineau County Realty
Mls Name: My State MLS
Mls ID: #11544166