739 2nd St NW UNIT 306Valley CityND58072
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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 Valley City at 739 2nd St NW UNIT 306, Valley City, ND, 58072 generates $804/mo in rent, after a $1,272/mo payment. Total monthly income is $804/mo. Return on cash invested sits at 6.99% in year one, and rental yield is 3.71% on a $259,900 entry. Equity gained on principal adds $1,677/yr, while 5% annual appreciation builds toward $71,806 over five years. Five-year ROI reaches 34.21% and total cumulative return in cash sums $29,470. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $804/mo property income rather than buyer’s personal income.
Condo
Built in 2016
3,484 sqft lot
$N/A/sqft
$150 monthly HOA
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Listed by: James Jensen • RE/MAX Now - VC
Mls Name: Great North MLS
Mls ID: #4022749
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. The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed.