312 6th Ave N, Casselton, ND, 58012 | $159/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Casselton at 312 6th Ave N, Casselton, ND, 58012 offers a 8.21% rental yield on a $210,000 purchase with $1,437/mo rent. Total monthly income registers $1,437/mo, and a $1,028/mo payment leaves $159/mo available for distribution. Annual cash flow reaches $1,905/yr on $69,615 to close, and return on cash invested stands at 22.65% in year one. Equity gained on principal adds $1,355/yr while 5% annual appreciation supports $58,019 over five years. Portfolio math shows five-year ROI at 117.38% and total cumulative return in cash at $81,712. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,437/mo property income against a $1,028/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1904

6,969 sqft lot

$N/A/sqft

No HOA