311 3rd St NE,Belfield,ND,58622

Investment Highlights

Investment property for sale in Belfield at 311 3rd St NE, Belfield, ND, 58622 offers a 9.35% rental yield on a $165,000 purchase with $1,286/mo rent. Total monthly income registers $1,286/mo, and a $808/mo payment leaves $281/mo available for distribution. Annual cash flow reaches $3,376/yr on $54,698 to close, and return on cash invested stands at 26.08% in year one. Equity gained on principal adds $1,065/yr while 5% annual appreciation supports $45,586 over five years. Portfolio math shows five-year ROI at 135.89% and total cumulative return in cash at $74,327. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,286/mo property income against a $808/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.