105 3rd Ave SEBeachND58621
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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 Beach at 105 3rd Ave SE, Beach, ND, 58621 listed at $139,000 pairs $1,059/mo rent with a $680/mo payment to leave $213/mo cash flow. Total monthly income runs $1,059/mo, and annual cash flow reaches $2,560/yr on $46,079 cash to close. Return on cash invested measures 25.47% in year one, and rental yield registers 9.14% at a $139,000 basis. Equity gained on principal adds $897/yr, and annual property appreciation at 5% supports $38,403 by year five. Five-year ROI tracks 132.55% and total cumulative return in cash totals $61,076. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,059/mo property income relative to a $680/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1909
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58621, Beach, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 656 (100%) |
| Owner Occupied HU | 412 (62.8%) |
| Renter Occupied HU | 109 (16.6%) |
| Vacant Housing Units | 135 (20.6%) |
| Median Home Value | $184,524 |
| Average Home Value | $229,102 |
Housing Distribution
Address Breakdown
Residential
125
Single Family
125
Multi-Family
0
Businesses
79
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Listed by: Sue Finneman • Home and Land Company
Mls Name: Badlands BOR
Mls ID: #25-1228