105 3rd Ave NWSurreyND58785
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 Surrey at 105 3rd Ave NW, Surrey, ND, 58785 earns $6/mo cash flow from $2,227/mo rent with a $1,786/mo payment. Total monthly income totals $2,227/mo, and annual cash flow totals $72/yr on $120,998 capital. ROI tracks 19.97% on current figures, and rental yield reads 7.32% at a $365,000 purchase. Equity gained on principal adds $2,355/yr, and 5% annual appreciation supports $100,843 over five years. Five-year ROI reaches 103.07% and total cumulative return in cash sums $124,711. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,227/mo property income instead of your personal income.
Single Family
Built in 1971
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58785, Surrey, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 581 (100%) |
| Owner Occupied HU | 479 (82.4%) |
| Renter Occupied HU | 53 ( 9.1%) |
| Vacant Housing Units | 49 ( 8.4%) |
| Median Home Value | $324,408 |
| Average Home Value | $328,450 |
Housing Distribution
Address Breakdown
Residential
369
Single Family
369
Multi-Family
0
Businesses
17
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Robbie Opperude • KW Inspire Realty
Mls Name: Minot MLS
Mls ID: #251875