10711 Highway 17FairdaleND58229
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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 Fairdale at 10711 Highway 17, Fairdale, ND, 58229 offers a 0% rental yield on a $225,000 purchase with $0/mo rent. 12% in year one. Equity gained on principal adds $1,452/yr while 5% annual appreciation supports $62,163 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $1,101/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
12.54 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58229, Fairdale, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 78 (100%) |
| Owner Occupied HU | 47 (60.3%) |
| Renter Occupied HU | 9 (11.5%) |
| Vacant Housing Units | 22 (28.2%) |
| Median Home Value | $117,045 |
| Average Home Value | $239,681 |
Housing Distribution
Address Breakdown
Residential
41
Single Family
41
Multi-Family
0
Businesses
0
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Listed by: Rebecca Chyle • Rose Realty
Mls Name: GFBMLS
Mls ID: #25-1355