304 Church StTower CityND58071
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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
Rental property for sale in Tower City at 304 Church St, Tower City, ND, 58071 priced at $350,000 converts $0/mo rent into after a $1,713/mo obligation. Total monthly income equals $0/mo. Return on cash invested prints -2.12% in year one, and rental yield reads 0% against a $350,000 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation compiles into $96,699 by year five. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $0/mo property income covering a $1,713/mo payment, not borrower’s personal income.
Single Family
Built in 2014
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58071, Tower City, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 194 (100%) |
| Owner Occupied HU | 150 (77.3%) |
| Renter Occupied HU | 16 ( 8.2%) |
| Vacant Housing Units | 28 (14.4%) |
| Median Home Value | $338,710 |
| Average Home Value | $369,900 |
Housing Distribution
Address Breakdown
Residential
160
Single Family
145
Multi-Family
15
Businesses
14
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No similar rental properties found nearby.
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Listed by: Derek Brandenburg • eXp Realty (3788 FGO)
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6823059