105 Centennial RdGlenburnND58740
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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 Glenburn at 105 Centennial Rd, Glenburn, ND, 58740 with 5% annual appreciation on a $460,000 basis while $1,320/mo rent supports operations. 27% in year one. Equity gained on principal adds $2,968/yr, and five-year appreciation sums $127,090 alongside rental yield of 3.44%. Five-year ROI measures 40.28% and total cumulative return in cash totals $61,429. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,320/mo property income versus a $2,251/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2023
0.82 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58740, Glenburn, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 400 (100%) |
| Owner Occupied HU | 272 (68.0%) |
| Renter Occupied HU | 54 (13.5%) |
| Vacant Housing Units | 74 (18.5%) |
| Median Home Value | $220,313 |
| Average Home Value | $239,972 |
Housing Distribution
Address Breakdown
Residential
258
Single Family
258
Multi-Family
0
Businesses
21
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Listed by: Amy Rogers • BROKERS 12, INC.
Mls Name: Minot MLS
Mls Provider:
Mls ID: #250545
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