304 Main St SLehrND58460
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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 Lehr at 304 Main St S, Lehr, ND, 58460 uses $41,438 cash to close to unlock $5,676/yr annual cash flow and $473/mo monthly cash flow. Total monthly income runs $1,234/mo, and a $612/mo payment keeps the spread at $473/mo. Purchase price stands at $125,000, and rental yield measures 11.85% with $1,234/mo rent. Return on cash invested shows 33.61% in year one, and 5% annual appreciation builds toward $34,535 over five years. Five-year ROI reaches 176.29% and total cumulative return in cash records $73,049. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,234/mo property income covering a $612/mo payment rather than investor’s personal income.
Manufactured
Built in 2000
0.79 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58460, Lehr, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 191 (100%) |
| Owner Occupied HU | 92 (48.2%) |
| Renter Occupied HU | 15 ( 7.9%) |
| Vacant Housing Units | 84 (44.0%) |
| Median Home Value | $171,429 |
| Average Home Value | $222,962 |
Housing Distribution
Address Breakdown
Residential
76
Single Family
76
Multi-Family
0
Businesses
7
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Listed by: Denise Rohweder • Northern Elements Real Estate
Mls Name: My State MLS
Mls ID: #11545847