7600 28th St SEBuchananND58420
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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 Buchanan at 7600 28th St SE, Buchanan, ND, 58420 generates $1,021/mo in rent, after a $1,101/mo payment. Total monthly income is $1,021/mo. Return on cash invested sits at 14.31% in year one, and rental yield is 5.45% on a $225,000 entry. Equity gained on principal adds $1,452/yr, while 5% annual appreciation builds toward $62,163 over five years. Five-year ROI reaches 72.68% and total cumulative return in cash sums $54,213. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,021/mo property income rather than buyer’s personal income.
Single Family
Built in 2000
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58420, Buchanan, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 137 (100%) |
| Owner Occupied HU | 103 (75.2%) |
| Renter Occupied HU | 21 (15.3%) |
| Vacant Housing Units | 13 ( 9.5%) |
| Median Home Value | $260,417 |
| Average Home Value | $291,408 |
Housing Distribution
Address Breakdown
Residential
93
Single Family
93
Multi-Family
0
Businesses
5
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Listed by: N/A • N/A
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