780 Highway 45CooperstownND58425
Nearby investment properties with comparable rents
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
Investment Highlights
Investment property for sale in Cooperstown at 780 Highway 45, Cooperstown, ND, 58425 offers a 9.45% rental yield on a $129,000 purchase with $1,016/mo rent. Total monthly income registers $1,016/mo, and a $631/mo payment leaves $231/mo available for distribution. Annual cash flow reaches $2,775/yr on $42,764 to close, and return on cash invested stands at 26.4% in year one. Equity gained on principal adds $832/yr while 5% annual appreciation supports $35,640 over five years. Portfolio math shows five-year ROI at 137.59% and total cumulative return in cash at $58,837. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,016/mo property income against a $631/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
5.63 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58425, Cooperstown, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 748 (100%) |
| Owner Occupied HU | 443 (59.2%) |
| Renter Occupied HU | 146 (19.5%) |
| Vacant Housing Units | 159 (21.3%) |
| Median Home Value | $170,982 |
| Average Home Value | $260,000 |
Housing Distribution
Address Breakdown
Residential
443
Single Family
382
Multi-Family
61
Businesses
105
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Listed by: Stacey Aarestad • Aarestad Realty
Mls Name: My State MLS
Mls ID: #11459545