9 Casa DrBurlingtonND58722
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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 Burlington at 9 Casa Dr, Burlington, ND, 58722 offers $1,550/mo rent that, after a $1,346/mo payment. Total monthly income is $1,550/mo. Return on cash invested measures 18.28% in year one, and rental yield stands at 6.76% at a $275,000 entry. Equity gained on principal adds $1,775/yr while 5% annual appreciation compounds into $75,977 by year five. Five-year ROI records 94.01% and total cumulative return in cash reaches $85,703. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,550/mo property income versus a $1,346/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1983
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58722, Burlington, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 780 (100%) |
| Owner Occupied HU | 525 (67.3%) |
| Renter Occupied HU | 163 (20.9%) |
| Vacant Housing Units | 92 (11.8%) |
| Median Home Value | $237,987 |
| Average Home Value | $300,148 |
Housing Distribution
Address Breakdown
Residential
631
Single Family
585
Multi-Family
46
Businesses
51
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Listed by: MATAYA LAFONTAINE • SIGNAL REALTY
Mls Name: Minot MLS
Mls Provider:
Mls ID: #251419
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