407 7th Ave WLisbonND58054
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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 Lisbon at 407 7th Ave W, Lisbon, ND, 58054 generates $696/mo in rent, after a $1,126/mo payment. Total monthly income is $696/mo. Return on cash invested sits at 8.83% in year one, and rental yield is 3.63% on a $230,000 entry. Equity gained on principal adds $1,484/yr, while 5% annual appreciation builds toward $63,545 over five years. Five-year ROI reaches 43.29% and total cumulative return in cash sums $33,007. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $696/mo property income rather than buyer’s personal income.
Multi Family
Built in 1928
0.53 Acres lot
$N/A/sqft
No HOA
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Listed by: Dylan Urbach • Herd Realty LLP
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6807820