322 5th St EBottineauND58318
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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 Bottineau at 322 5th St E, Bottineau, ND, 58318 uses $89,638 cash to close to unlock $2,649/yr annual cash flow and $221/mo monthly cash flow. Total monthly income runs $1,866/mo, and a $1,323/mo payment keeps the spread at $221/mo. Purchase price stands at $270,400, and rental yield measures 8.28% with $1,866/mo rent. Return on cash invested shows 22.86% in year one, and 5% annual appreciation builds toward $74,707 over five years. Five-year ROI reaches 118.55% and total cumulative return in cash records $106,267. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,866/mo property income covering a $1,323/mo payment rather than investor’s personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58318, Bottineau, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,534 (100%) |
| Owner Occupied HU | 1,268 (50.0%) |
| Renter Occupied HU | 397 (15.7%) |
| Vacant Housing Units | 869 (34.3%) |
| Median Home Value | $262,000 |
| Average Home Value | $332,979 |
Housing Distribution
Address Breakdown
Residential
1,869
Single Family
1,747
Multi-Family
122
Businesses
262
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Listed by: N/A • N/A
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