305 3rd StMarionND58466
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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 Marion at 305 3rd St, Marion, ND, 58466 earns $437/mo cash flow from $1,198/mo rent with a $612/mo payment. Total monthly income totals $1,198/mo, and annual cash flow totals $5,244/yr on $41,438 capital. ROI tracks 32.57% on current figures, and rental yield reads 11.5% at a $125,000 purchase. Equity gained on principal adds $807/yr, and 5% annual appreciation supports $34,535 over five years. Five-year ROI reaches 170.7% and total cumulative return in cash sums $70,733. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,198/mo property income instead of your personal income.
Single Family
Built in 1930
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58466, Marion, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 185 (100%) |
| Owner Occupied HU | 136 (73.5%) |
| Renter Occupied HU | 23 (12.4%) |
| Vacant Housing Units | 26 (14.1%) |
| Median Home Value | $261,111 |
| Average Home Value | $387,610 |
Housing Distribution
Address Breakdown
Residential
127
Single Family
127
Multi-Family
0
Businesses
14
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Listed by: Crystal Lytle • Century 21 Morrison Realty
Mls Name: Great North MLS
Mls ID: #4020748