106 E 1st Ave SCavalierND58220
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowFew Cavalier rentals match the income profile of 106 E 1st Ave S, Cavalier, ND, 58220. Listed at $220,000, gross rent is $2,161/mo and net cash flow is $822/mo, a 11.79% yield well above national averages. DSCR 2.19 means Ziffy Mortgage can approve your loan on the property's income alone, bypassing personal income verification. The 5% annual appreciation trend adds $60,782 by year five with $2,026/yr in annual principal reduction, projecting $136,250 in total cumulative return.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 11.8% | 6.2% |
| Monthly Cash Flow | $822 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $2,161 |
| Total Monthly Debt Service | $1,251 |
| DSCR Ratio | 1.73x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1936
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58220, Cavalier, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,106 (100%) |
| Owner Occupied HU | 735 (66.5%) |
| Renter Occupied HU | 226 (20.4%) |
| Vacant Housing Units | 145 (13.1%) |
| Median Home Value | $170,433 |
| Average Home Value | $199,020 |
Housing Distribution
Address Breakdown
Residential
851
Single Family
752
Multi-Family
99
Businesses
163
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
Single Family
Built in 1936
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58220, Cavalier, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,106 (100%) |
| Owner Occupied HU | 735 (66.5%) |
| Renter Occupied HU | 226 (20.4%) |
| Vacant Housing Units | 145 (13.1%) |
| Median Home Value | $170,433 |
| Average Home Value | $199,020 |
Housing Distribution
Address Breakdown
Residential
851
Single Family
752
Multi-Family
99
Businesses
163
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kevin Kasprick • Dakota Plains Realty
Mls Name: GFBMLS
Mls ID: #25-1074