109 J StNew TownND58763
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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 New Town at 109 J St, New Town, ND, 58763 with 5% annual appreciation on a $275,000 basis while $2,070/mo rent supports operations. Total monthly income totals $2,070/mo and a $1,346/mo payment preserves $396/mo for cash returns. Annual cash flow comes to $4,755/yr on $91,163 deployed, and return on cash invested reaches 25.13% in year one. Equity gained on principal adds $1,775/yr, and five-year appreciation sums $75,977 alongside rental yield of 9.03%. Five-year ROI measures 130.7% and total cumulative return in cash totals $119,147.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,070/mo property income versus a $1,346/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 1979
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58763, New Town, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,335 (100%) |
| Owner Occupied HU | 813 (34.8%) |
| Renter Occupied HU | 865 (37.0%) |
| Vacant Housing Units | 657 (28.1%) |
| Median Home Value | $291,667 |
| Average Home Value | $401,021 |
Housing Distribution
Address Breakdown
Residential
837
Single Family
714
Multi-Family
123
Businesses
179
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Listed by: Natosha Gartner • BROKERS 12, INC.
Mls Name: Minot MLS
Mls Provider:
Mls ID: #251369
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