421 2nd St NEValley CityND58072
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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 Valley City at 421 2nd St NE, Valley City, ND, 58072 listed at $119,000 pairs $1,038/mo rent with a $582/mo payment to leave $314/mo cash flow. Total monthly income runs $1,038/mo, and annual cash flow reaches $3,770/yr on $39,449 cash to close. Return on cash invested measures 29.47% in year one, and rental yield registers 10.47% at a $119,000 basis. Equity gained on principal adds $768/yr, and annual property appreciation at 5% supports $32,878 by year five. Five-year ROI tracks 154.06% and total cumulative return in cash totals $60,773. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,038/mo property income relative to a $582/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1884
6,534 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: David Singleton • Trilogy Real Estate
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6703676
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