6 Willow StBurlingtonND58722
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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 Burlington at 6 Willow St, Burlington, ND, 58722 earns $343/mo cash flow from $1,742/mo rent with a $1,125/mo payment. Total monthly income totals $1,742/mo, and annual cash flow totals $4,116/yr on $76,212 capital. ROI tracks 25.31% on current figures, and rental yield reads 9.09% at a $229,900 purchase. Equity gained on principal adds $1,484/yr, and 5% annual appreciation supports $63,517 over five years. Five-year ROI reaches 131.73% and total cumulative return in cash sums $100,391. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,742/mo property income instead of your personal income.
Single Family
Built in 1973
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58722, Burlington, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 780 (100%) |
| Owner Occupied HU | 525 (67.3%) |
| Renter Occupied HU | 163 (20.9%) |
| Vacant Housing Units | 92 (11.8%) |
| Median Home Value | $237,987 |
| Average Home Value | $300,148 |
Housing Distribution
Address Breakdown
Residential
631
Single Family
585
Multi-Family
46
Businesses
51
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Listed by: Jerry Thomas • Coldwell Banker 1st Minot Realty
Mls Name: Minot MLS
Mls Provider:
Mls ID: #250590
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