920 8th 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
Investment property for sale in Portland at 920 8th St, Portland, ND, 58274 earns $575/mo cash flow from $1,853/mo rent with a $1,028/mo payment. Total monthly income totals $1,853/mo, and annual cash flow totals $6,897/yr on $69,615 capital. ROI tracks 29.82% on current figures, and rental yield reads 10.59% at a $210,000 purchase. Equity gained on principal adds $1,355/yr, and 5% annual appreciation supports $58,019 over five years. Five-year ROI reaches 155.83% and total cumulative return in cash sums $108,484. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,853/mo property income instead of your personal income.
Single Family
Built in 1925
0.32 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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Listed by: Meghan Hovde • Valley Land Investments
Mls Name: GFBMLS
Mls ID: #25-1289