604 9th St NWahpetonND58075
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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 Wahpeton at 604 9th St N, Wahpeton, ND, 58075 uses $36,432 cash to close to unlock $2,280/yr annual cash flow and $190/mo monthly cash flow. Total monthly income runs $859/mo, and a $538/mo payment keeps the spread at $190/mo. Purchase price stands at $109,900, and rental yield measures 9.38% with $859/mo rent. Return on cash invested shows 26.17% in year one, and 5% annual appreciation builds toward $30,363 over five years. Five-year ROI reaches 136.41% and total cumulative return in cash records $49,696. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $859/mo property income covering a $538/mo payment rather than investor’s personal income.
Single Family
Built in 1910
0.14 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58075, Wahpeton, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,267 (100%) |
| Owner Occupied HU | 2,312 (54.2%) |
| Renter Occupied HU | 1,495 (35.0%) |
| Vacant Housing Units | 460 (10.8%) |
| Median Home Value | $178,105 |
| Average Home Value | $223,671 |
Housing Distribution
Address Breakdown
Residential
3,992
Single Family
2,858
Multi-Family
1,134
Businesses
373
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Listed by: Gena Syvertson • REALTY XPERTS
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6797351