304 13th St WBottineauND58318
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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 Bottineau at 304 13th St W, Bottineau, ND, 58318 uses $91,163 cash to close to unlock $7,995/yr annual cash flow and $666/mo monthly cash flow. Total monthly income runs $2,340/mo, and a $1,346/mo payment keeps the spread at $666/mo. Purchase price stands at $275,000, and rental yield measures 10.21% with $2,340/mo rent. Return on cash invested shows 28.68% in year one, and 5% annual appreciation builds toward $75,977 over five years. Five-year ROI reaches 149.77% and total cumulative return in cash records $136,535. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,340/mo property income covering a $1,346/mo payment rather than investor’s personal income.
Single Family
Built in 1958
10,454 sqft 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
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Listed by: CURT GUSS • ELITE REAL ESTATE, LLC
Mls Name: Minot MLS
Mls ID: #251291