10887 Highway 18CavalierND58265
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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 Cavalier at 10887 Highway 18, Cavalier, ND, 58265 uses $59,339 cash to close to unlock $6,608/yr annual cash flow and $551/mo monthly cash flow. Total monthly income runs $1,640/mo, and a $876/mo payment keeps the spread at $551/mo. Purchase price stands at $179,000, and rental yield measures 10.99% with $1,640/mo rent. Return on cash invested shows 31.05% in year one, and 5% annual appreciation builds toward $49,454 over five years. Five-year ROI reaches 162.44% and total cumulative return in cash records $96,387. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,640/mo property income covering a $876/mo payment rather than investor’s personal income.
Single Family
Built in 1966
18 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58265, Neche, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 211 (100%) |
| Owner Occupied HU | 159 (75.4%) |
| Renter Occupied HU | 26 (12.3%) |
| Vacant Housing Units | 26 (12.3%) |
| Median Home Value | $207,609 |
| Average Home Value | $212,280 |
Housing Distribution
Address Breakdown
Residential
128
Single Family
128
Multi-Family
0
Businesses
44
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Listed by: Sara Hinkle • Watson Real Estate
Mls Name: GFBMLS
Mls ID: #25-927