611 8th AveLangdonND58249
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayThe investment thesis at 611 8th Ave, Langdon, ND, 58249 in Langdon is capital appreciation. Rental yield 0%. The 0% gross yield at $154,000 falls below cash-flow thresholds, but 5% annual value growth is forecast to deliver $42,547 in additional equity by year five, an equity gain that can outpace many higher-yield markets. Ziffy Mortgage finances appreciation-play assets via DSCR (0.00) without U.S. credit history; structure with a larger down payment to optimise coverage.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 6.2% |
| Monthly Cash Flow | $0 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
Single Family
Built in 1940
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58249, Langdon, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,373 (100%) |
| Owner Occupied HU | 889 (64.7%) |
| Renter Occupied HU | 225 (16.4%) |
| Vacant Housing Units | 259 (18.9%) |
| Median Home Value | $163,227 |
| Average Home Value | $200,886 |
Housing Distribution
Address Breakdown
Residential
1,215
Single Family
1,079
Multi-Family
136
Businesses
164
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
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
Single Family
Built in 1940
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58249, Langdon, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,373 (100%) |
| Owner Occupied HU | 889 (64.7%) |
| Renter Occupied HU | 225 (16.4%) |
| Vacant Housing Units | 259 (18.9%) |
| Median Home Value | $163,227 |
| Average Home Value | $200,886 |
Housing Distribution
Address Breakdown
Residential
1,215
Single Family
1,079
Multi-Family
136
Businesses
164
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Abby K Borchardt • Greenberg Realty
Mls Name: GFBMLS
Mls Provider:
Mls ID: #25-769
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.