312 2nd St SEllendaleND58436
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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 Ellendale at 312 2nd St S, Ellendale, ND, 58436 at $330,000 posts ROI 16.83% with from $1,728/mo rent. Total monthly income equals $1,728/mo. Return on cash invested measures 16.83% and rental yield reads 6.28% at the current $330,000. Equity gained on principal adds $2,129/yr, and 5% annual appreciation supports $91,173 by year five. Five-year ROI prints 86.22% and total cumulative return in cash totals $94,319. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,728/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1969
0.30 Acres lot
$N/A/sqft
No HOA
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Listed by: Maggie Newhouse • CENTURY 21 Morrison Realty
Mls Name: Great North MLS
Mls ID: #4017949
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed.