840 4th St NWahpetonND58075
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 840 4th St N, Wahpeton, ND, 58075 in Wahpeton. Priced at $208,000, it generates $2,278/mo in gross rent and $1,012/mo in net monthly cash flow, a 13.14% yield that comfortably supports the 2.44 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $12,140. Five-year appreciation: $57,467. Equity from principal paydown: $1,916/yr. Total projected cumulative return: $143,974.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 13.1% | 5.4% |
| Monthly Cash Flow | $1,012 | $320 |
City averages based on Wahpeton market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,278 |
| Total Monthly Debt Service | $1,183 |
| DSCR Ratio | 1.93x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1957
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58075, Wahpeton, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,267 (100%) |
| Owner Occupied HU | 2,312 (54.2%) |
| Renter Occupied HU | 1,495 (35.0%) |
| Vacant Housing Units | 460 (10.8%) |
| Median Home Value | $178,105 |
| Average Home Value | $223,671 |
Housing Distribution
Address Breakdown
Residential
3,992
Single Family
2,858
Multi-Family
1,134
Businesses
373
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
Single Family
Built in 1957
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58075, Wahpeton, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,267 (100%) |
| Owner Occupied HU | 2,312 (54.2%) |
| Renter Occupied HU | 1,495 (35.0%) |
| Vacant Housing Units | 460 (10.8%) |
| Median Home Value | $178,105 |
| Average Home Value | $223,671 |
Housing Distribution
Address Breakdown
Residential
3,992
Single Family
2,858
Multi-Family
1,134
Businesses
373
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices