310 S Torning StTiogaND58852
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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 Tioga at 310 S Torning St, Tioga, ND, 58852 offers $1,080/mo rent that, after a $1,317/mo payment. Total monthly income is $1,080/mo. Return on cash invested measures 12.41% in year one, and rental yield stands at 4.82% at a $269,000 entry. Equity gained on principal adds $1,736/yr while 5% annual appreciation compounds into $74,320 by year five. Five-year ROI records 62.49% and total cumulative return in cash reaches $55,727. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,080/mo property income versus a $1,317/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1955
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58852, Tioga, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,596 (100%) |
| Owner Occupied HU | 614 (38.5%) |
| Renter Occupied HU | 573 (35.9%) |
| Vacant Housing Units | 409 (25.6%) |
| Median Home Value | $217,308 |
| Average Home Value | $267,154 |
Housing Distribution
Address Breakdown
Residential
575
Single Family
439
Multi-Family
136
Businesses
151
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Listed by: Angela A Cymbaluk • Basin Brokers Realtors
Mls Name: Great North MLS
Mls ID: #4021107