401 Central AveNew RockfordND58356
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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 New Rockford at 401 Central Ave, New Rockford, ND, 58356 priced at $100,600 pairs $1,386/mo rent with $725/mo cash flow after a $492/mo payment. Total monthly income equals $1,386/mo, and annual cash flow comes to $8,702/yr on $33,349 invested. Return on cash invested is 46% in year one, and rental yield stands at 16.53% on a $100,600 basis. Equity gained on principal adds $649/yr, and 5% annual appreciation accumulates to $27,794 by year five. Five-year ROI measures 243.43% and total cumulative return in cash reaches $81,180. For financing, Ziffy Mortgage’s DSCR program evaluates $1,386/mo property income against a $492/mo payment instead of your W2s, 1099s, or Tax returns.
Home Type Unknown
Built in 1957
5,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58356, New Rockford, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 909 (100%) |
| Owner Occupied HU | 549 (60.4%) |
| Renter Occupied HU | 184 (20.2%) |
| Vacant Housing Units | 176 (19.4%) |
| Median Home Value | $154,960 |
| Average Home Value | $205,378 |
Housing Distribution
Address Breakdown
Residential
794
Single Family
702
Multi-Family
92
Businesses
117
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Listed by: N/A • N/A
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