810 2nd StPortlandND58274
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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 Portland at 810 2nd St, Portland, ND, 58274 generates $0/mo in rent, after a $1,591/mo payment. Total monthly income is $0/mo. Return on cash invested sits at -2.13% in year one, and rental yield is 0% on a $325,000 entry. Equity gained on principal adds $2,097/yr, while 5% annual appreciation builds toward $89,792 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $0/mo property income rather than buyer’s personal income.
Single Family
Built in 1980
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58274, Portland, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 453 (100%) |
| Owner Occupied HU | 325 (71.7%) |
| Renter Occupied HU | 82 (18.1%) |
| Vacant Housing Units | 46 (10.2%) |
| Median Home Value | $258,523 |
| Average Home Value | $275,577 |
Housing Distribution
Address Breakdown
Residential
249
Single Family
249
Multi-Family
0
Businesses
30
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No similar rental properties found nearby.
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Listed by: Meghan Hovde • Valley Land Investments
Mls Name: GFBMLS
Mls ID: #25-1547