502 5th St NWSouth HeartND58655
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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 South Heart at 502 5th St NW, South Heart, ND, 58655 generates $1,476/mo in rent and, after a $1,077/mo payment, leaves $137/mo in cash flow. Total monthly income is $1,476/mo, and annual cash flow is $1,642/yr on $72,930 invested. Return on cash invested sits at 22.16% in year one, and rental yield is 8.05% on a $220,000 entry. Equity gained on principal adds $1,420/yr, while 5% annual appreciation builds toward $60,782 over five years. Five-year ROI reaches 114.78% and total cumulative return in cash sums $83,711. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,476/mo property income rather than buyer’s personal income.
Single Family
Built in 1980
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58655, South Heart, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 240 (100%) |
| Owner Occupied HU | 196 (81.7%) |
| Renter Occupied HU | 34 (14.2%) |
| Vacant Housing Units | 10 ( 4.2%) |
| Median Home Value | $331,915 |
| Average Home Value | $353,533 |
Housing Distribution
Address Breakdown
Residential
57
Single Family
57
Multi-Family
0
Businesses
15
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Listed by: Chelsea Boltz • Century 21 Morrison Realty
Mls Name: Badlands BOR
Mls Provider:
Mls ID: #25-934
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.