109 J StNew TownND58763
INVESTMENT ANALYSIS
Investment Verdict
Solid Income109 J St, New Town, ND, 58763 in New Town is a solid income-producing rental, 9.03% gross yield, $2,070/mo rent, $396/mo net cash flow on a $275,000 buy. DSCR 1.67 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $75,977 and $2,533/yr in principal reduction project a total cumulative return of $129,651.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 9% | 6.2% |
| Monthly Cash Flow | $396 | $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 | $2,070 |
| Total Monthly Debt Service | $1,564 |
| DSCR Ratio | 1.32x |
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.
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
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
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Natosha Gartner • BROKERS 12, INC.
Mls Name: Minot MLS
Mls Provider:
Mls ID: #251369
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