10185 99th St SEOakesND58474
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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 Oakes at 10185 99th St SE, Oakes, ND, 58474 listed at $194,000 pairs $1,458/mo rent with a $950/mo payment to leave $277/mo cash flow. Total monthly income runs $1,458/mo, and annual cash flow reaches $3,322/yr on $64,311 cash to close. Return on cash invested measures 25.07% in year one, and rental yield registers 9.02% at a $194,000 basis. Equity gained on principal adds $1,252/yr, and annual property appreciation at 5% supports $53,599 by year five. Five-year ROI tracks 130.42% and total cumulative return in cash totals $83,876. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,458/mo property income relative to a $950/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1952
19 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58474, Oakes, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,221 (100%) |
| Owner Occupied HU | 805 (65.9%) |
| Renter Occupied HU | 271 (22.2%) |
| Vacant Housing Units | 145 (11.9%) |
| Median Home Value | $213,494 |
| Average Home Value | $240,177 |
Housing Distribution
Address Breakdown
Residential
1,086
Single Family
999
Multi-Family
87
Businesses
142
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Listed by: Shelby Hart • RE/MAX Now - VC
Mls Name: Great North MLS
Mls ID: #4022109