309 NW 2nd StLintonND58552
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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 Linton at 309 NW 2nd St, Linton, ND, 58552 generates $1,604/mo in rent and, after a $724/mo payment, leaves $704/mo in cash flow. Total monthly income is $1,604/mo, and annual cash flow is $8,444/yr on $49,062 invested. Return on cash invested sits at 37.12% in year one, and rental yield is 13.01% on a $148,000 entry. Equity gained on principal adds $955/yr, while 5% annual appreciation builds toward $40,890 over five years. Five-year ROI reaches 195.01% and total cumulative return in cash sums $95,678. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,604/mo property income rather than buyer’s personal income.
Home Type Unknown
Built in 1930
7,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58552, Linton, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,122 (100%) |
| Owner Occupied HU | 637 (56.8%) |
| Renter Occupied HU | 160 (14.3%) |
| Vacant Housing Units | 325 (29.0%) |
| Median Home Value | $139,015 |
| Average Home Value | $212,186 |
Housing Distribution
Address Breakdown
Residential
648
Single Family
616
Multi-Family
32
Businesses
117
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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