811 5th StLitchvilleND58461
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
No similar price properties found nearby.
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 Litchville at 811 5th St, Litchville, ND, 58461 offers a 4.96% rental yield on a $425,000 purchase with $1,757/mo rent. 84% in year one. Equity gained on principal adds $2,742/yr while 5% annual appreciation supports $117,420 over five years. Portfolio math shows five-year ROI at 64.82% and total cumulative return in cash at $91,325. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,757/mo property income against a $2,080/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1987
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58461, Litchville, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 238 (100%) |
| Owner Occupied HU | 182 (76.5%) |
| Renter Occupied HU | 12 ( 5.0%) |
| Vacant Housing Units | 44 (18.5%) |
| Median Home Value | $317,647 |
| Average Home Value | $386,470 |
Housing Distribution
Address Breakdown
Residential
167
Single Family
167
Multi-Family
0
Businesses
15
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
No similar price properties found nearby.
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A