106 Minnesota Ave EFlaxtonND58737
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowSolid fundamentals define the investment case at 106 Minnesota Ave E, Flaxton, ND, 58737 in Flaxton: $1,176/mo in rent, $385/mo in net income, 10.86% gross yield, 2.01 DSCR, all at $130,000. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $35,917 in appreciation and $1,197/yr in principal paydown projects total cumulative return of $74,021.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 10.9% | 6.2% |
| Monthly Cash Flow | $385 | $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 | $1,176 |
| Total Monthly Debt Service | $739 |
| DSCR Ratio | 1.59x |
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 1900
0.64 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58737, Flaxton, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 117 (100%) |
| Owner Occupied HU | 54 (46.2%) |
| Renter Occupied HU | 12 (10.3%) |
| Vacant Housing Units | 51 (43.6%) |
| Median Home Value | $80,000 |
| Average Home Value | $175,417 |
Housing Distribution
Address Breakdown
Residential
105
Single Family
104
Multi-Family
1
Businesses
5
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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 1900
0.64 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58737, Flaxton, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 117 (100%) |
| Owner Occupied HU | 54 (46.2%) |
| Renter Occupied HU | 12 (10.3%) |
| Vacant Housing Units | 51 (43.6%) |
| Median Home Value | $80,000 |
| Average Home Value | $175,417 |
Housing Distribution
Address Breakdown
Residential
105
Single Family
104
Multi-Family
1
Businesses
5
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Minot MLS
Mls ID: #260444