404 Ash DrWahpetonND58061
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Wahpeton at 404 Ash Dr, Wahpeton, ND, 58061 priced at $299,900 pairs $2,065/mo rent with $240/mo cash flow after a $1,468/mo payment. Total monthly income equals $2,065/mo, and annual cash flow comes to $2,875/yr on $99,417 invested. Return on cash invested is 22.8% in year one, and rental yield stands at 8.26% on a $299,900 basis. Equity gained on principal adds $1,935/yr, and 5% annual appreciation accumulates to $82,857 by year five. Five-year ROI measures 118.23% and total cumulative return in cash reaches $117,544. For financing, Ziffy Mortgage’s DSCR program evaluates $2,065/mo property income against a $1,468/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1997
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58061, Mooreton, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 171 (100%) |
| Owner Occupied HU | 132 (77.2%) |
| Renter Occupied HU | 9 ( 5.3%) |
| Vacant Housing Units | 30 (17.5%) |
| Median Home Value | $285,000 |
| Average Home Value | $279,924 |
Housing Distribution
Address Breakdown
Residential
107
Single Family
107
Multi-Family
0
Businesses
17
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Listed by: Tyler Bretz • Raboin Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6751215