1013 Birch AveHarveyND58341
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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 Harvey at 1013 Birch Ave, Harvey, ND, 58341 generates $850/mo in rent and, after a $524/mo payment, leaves $198/mo in cash flow. Total monthly income is $850/mo, and annual cash flow is $2,382/yr on $35,471 invested. Return on cash invested sits at 26.62% in year one, and rental yield is 9.53% on a $107,000 entry. Equity gained on principal adds $690/yr, while 5% annual appreciation builds toward $29,562 over five years. Five-year ROI reaches 138.79% and total cumulative return in cash sums $49,230. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $850/mo property income rather than buyer’s personal income.
Single Family
Built in 1940
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58341, Harvey, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,392 (100%) |
| Owner Occupied HU | 828 (59.5%) |
| Renter Occupied HU | 249 (17.9%) |
| Vacant Housing Units | 315 (22.6%) |
| Median Home Value | $172,143 |
| Average Home Value | $228,089 |
Housing Distribution
Address Breakdown
Residential
1,163
Single Family
1,026
Multi-Family
137
Businesses
154
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Listed by: Natalie Hase • Hase Realty LLC
Mls Name: My State MLS
Mls ID: #11581735