102 9th Ave SECrosbyND58730
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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 Crosby at 102 9th Ave SE, Crosby, ND, 58730 offers a 10.02% rental yield on a $225,000 purchase with $1,878/mo rent. Total monthly income registers $1,878/mo, and a $1,101/mo payment leaves $509/mo available for distribution. Annual cash flow reaches $6,106/yr on $74,588 to close, and return on cash invested stands at 28.1% in year one. Equity gained on principal adds $1,452/yr while 5% annual appreciation supports $62,163 over five years. Portfolio math shows five-year ROI at 146.61% and total cumulative return in cash at $109,353. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,878/mo property income against a $1,101/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1983
0.49 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Jordan A Braaten • NextHome Fredricksen Real Estate
Mls Name: Great North MLS
Mls ID: #4022614