409 10th 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 409 10th St E, Bottineau, ND, 58318 earns from $1,027/mo rent with a $1,786/mo payment. Total monthly income totals $1,027/mo. ROI tracks 8.07% on current figures, and rental yield reads 3.38% at a $365,000 purchase. Equity gained on principal adds $2,355/yr, and 5% annual appreciation supports $100,843 over five years. Five-year ROI reaches 39.25% and total cumulative return in cash sums $47,491. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,027/mo property income instead of your personal income.
Multi Family
Built in 1985
7,840 sqft 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: Rick Gustafson • Bottineau Area Team Realty
Mls Name: My State MLS
Mls ID: #11435672