101 Central Ave EDes LacsND58733
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
Investment Highlights
Investment property for sale in Des Lacs at 101 Central Ave E, Des Lacs, ND, 58733 at $145,000 posts ROI 23.83% with $157/mo cash flow from $1,040/mo rent. Total monthly income equals $1,040/mo, and annual cash flow records $1,887/yr on $48,068 to close. Return on cash invested measures 23.83% and rental yield reads 8.61% at the current $145,000. Equity gained on principal adds $936/yr, and 5% annual appreciation supports $40,061 by year five. Five-year ROI prints 123.82% and total cumulative return in cash totals $59,516.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,040/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1920
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58733, Des Lacs, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 174 (100%) |
| Owner Occupied HU | 137 (78.7%) |
| Renter Occupied HU | 27 (15.5%) |
| Vacant Housing Units | 10 ( 5.7%) |
| Median Home Value | $262,500 |
| Average Home Value | $322,172 |
Housing Distribution
Address Breakdown
Residential
101
Single Family
101
Multi-Family
0
Businesses
5
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Nearby investment properties with comparable prices
Listed by: Tim Knutson • eXp Realty
Mls Name: Minot MLS
Mls Provider:
Mls ID: #250797
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