488 2nd Ave 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 488 2nd Ave NE, Valley City, ND, 58072 with 5% annual appreciation on a $249,900 basis while $1,249/mo rent supports operations. 89% in year one. Equity gained on principal adds $1,613/yr, and five-year appreciation sums $69,043 alongside rental yield of 6%. Five-year ROI measures 66.22% and total cumulative return in cash totals $54,854. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,249/mo property income versus a $1,223/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1987
3,049 sqft lot
$N/A/sqft
$1,200 semi-annually HOA
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Listed by: Ross W Powell • RE/MAX Now - VC
Mls Name: Great North MLS
Mls ID: #4018670
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed.