409 McCumber StRoletteND58366
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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 Rolette at 409 McCumber St, Rolette, ND, 58366 earns $14/mo cash flow from $714/mo rent with a $563/mo payment. Total monthly income totals $714/mo, and annual cash flow totals $168/yr on $38,123 capital. ROI tracks 20.35% on current figures, and rental yield reads 7.45% at a $115,000 purchase. Equity gained on principal adds $742/yr, and 5% annual appreciation supports $31,772 over five years. Five-year ROI reaches 105.06% and total cumulative return in cash sums $40,053. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $714/mo property income instead of your personal income.
Manufactured
Built in 1997
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58366, Rolette, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 385 (100%) |
| Owner Occupied HU | 203 (52.7%) |
| Renter Occupied HU | 128 (33.2%) |
| Vacant Housing Units | 54 (14.0%) |
| Median Home Value | $176,974 |
| Average Home Value | $210,086 |
Housing Distribution
Address Breakdown
Residential
318
Single Family
267
Multi-Family
51
Businesses
23
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Listed by: Diane Schwandt • Cahill Realty & Appraisal
Mls Name: My State MLS
Mls ID: #11627838