1106 Prairiewood LnWarwickND58381
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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
Total monthly income runs $1,691/mo, and a $1,366/mo payment. Purchase price stands at $279,000, and rental yield measures 7.27% with $1,691/mo rent. Return on cash invested shows 19.16% in year one, and 5% annual appreciation builds toward $77,083 over five years. Five-year ROI reaches 98.95% and total cumulative return in cash records $91,519. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,691/mo property income covering a $1,366/mo payment rather than investor’s personal income.
Manufactured
Built in 2005
0.46 Acres lot
$N/A/sqft
$50 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58381, Warwick, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 165 (100%) |
| Owner Occupied HU | 91 (55.2%) |
| Renter Occupied HU | 32 (19.4%) |
| Vacant Housing Units | 42 (25.5%) |
| Median Home Value | $240,385 |
| Average Home Value | $295,659 |
Housing Distribution
Address Breakdown
Residential
167
Single Family
167
Multi-Family
0
Businesses
8
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Listed by: Kevin Osborne • High Valley Real Estate
Mls Name: My State MLS
Mls ID: #11519162