701 2nd Ave NEBelfieldND58622
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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 Belfield at 701 2nd Ave NE, Belfield, ND, 58622 earns $296/mo cash flow from $1,362/mo rent with a $857/mo payment. Total monthly income totals $1,362/mo, and annual cash flow totals $3,558/yr on $58,013 capital. ROI tracks 26.04% on current figures, and rental yield reads 9.34% at a $175,000 purchase. Equity gained on principal adds $1,129/yr, and 5% annual appreciation supports $48,349 over five years. Five-year ROI reaches 135.64% and total cumulative return in cash sums $78,691. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,362/mo property income instead of your personal income.
Single Family
Built in 1936
0.34 Acres lot
$N/A/sqft
No HOA
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Listed by: Chad S Renicker • The Real Estate Company
Mls Name: Badlands BOR
Mls Provider:
Mls ID: #25-672
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.