10317 41st Ave NESaint JohnND58369
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 Saint John at 10317 41st Ave NE, Saint John, ND, 58369 offers a 7.72% rental yield on a $163,000 purchase with $1,048/mo rent. Total monthly income registers $1,048/mo, and a $798/mo payment leaves $56/mo available for distribution. Annual cash flow reaches $669/yr on $54,035 to close, and return on cash invested stands at 21.15% in year one. Equity gained on principal adds $1,052/yr while 5% annual appreciation supports $45,034 over five years. Portfolio math shows five-year ROI at 109.39% and total cumulative return in cash at $59,107. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,048/mo property income against a $798/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1970
1.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58369, Saint John, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 547 (100%) |
| Owner Occupied HU | 368 (67.3%) |
| Renter Occupied HU | 88 (16.1%) |
| Vacant Housing Units | 91 (16.6%) |
| Median Home Value | $230,000 |
| Average Home Value | $230,564 |
Housing Distribution
Address Breakdown
Residential
181
Single Family
181
Multi-Family
0
Businesses
15
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jessie Mickelson • Grace Realty LLC
Mls Name: NY State MLS
Mls ID: #11336986