300 Lake Metigoshe Park #164 & 165BottineauND58318
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 $1,270/mo, and a $2,740/mo payment. Purchase price stands at $559,900, and rental yield measures 2.72% with $1,270/mo rent. Return on cash invested shows 6.14% in year one, and 5% annual appreciation builds toward $154,690 over five years. Five-year ROI reaches 28.81% and total cumulative return in cash records $53,074. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,270/mo property income covering a $2,740/mo payment rather than investor’s personal income.
Single Family
Built in 1962
0.40 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
Nearby investment properties with comparable prices
Listed by: Joe Bender • Four Seasons Realty
Mls Name: My State MLS
Mls ID: #11350862