302 B Ave WLakotaND58344
Nearby investment properties with comparable rents
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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 Lakota at 302 B Ave W, Lakota, ND, 58344 at $165,000 posts ROI 26.26% with $289/mo cash flow from $1,294/mo rent. Total monthly income equals $1,294/mo, and annual cash flow records $3,472/yr on $54,698 to close. Return on cash invested measures 26.26% and rental yield reads 9.41% at the current $165,000. Equity gained on principal adds $1,065/yr, and 5% annual appreciation supports $45,586 by year five. Five-year ROI prints 136.81% and total cumulative return in cash totals $74,831.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,294/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1950
10,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58344, Lakota, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 530 (100%) |
| Owner Occupied HU | 310 (58.5%) |
| Renter Occupied HU | 109 (20.6%) |
| Vacant Housing Units | 111 (20.9%) |
| Median Home Value | $143,519 |
| Average Home Value | $170,460 |
Housing Distribution
Address Breakdown
Residential
258
Single Family
235
Multi-Family
23
Businesses
74
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Nearby investment properties with comparable prices
Listed by: Alyssa Weaver • High Valley Real Estate
Mls Name: My State MLS
Mls ID: #11513548