111 E 2nd Ave NCavalierND58220
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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 111 E 2nd Ave N, Cavalier, ND, 58220 uses $61,328 cash to close to unlock $1,890/yr annual cash flow and $158/mo monthly cash flow. Total monthly income runs $1,283/mo, and a $905/mo payment keeps the spread at $158/mo. Purchase price stands at $185,000, and rental yield measures 8.32% with $1,283/mo rent. Return on cash invested shows 22.99% in year one, and 5% annual appreciation builds toward $51,112 over five years. Five-year ROI reaches 119.25% and total cumulative return in cash records $73,131. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,283/mo property income covering a $905/mo payment rather than investor’s personal income.
Single Family
Built in 1955
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58220, Cavalier, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,106 (100%) |
| Owner Occupied HU | 735 (66.5%) |
| Renter Occupied HU | 226 (20.4%) |
| Vacant Housing Units | 145 (13.1%) |
| Median Home Value | $170,433 |
| Average Home Value | $199,020 |
Housing Distribution
Address Breakdown
Residential
851
Single Family
752
Multi-Family
99
Businesses
163
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Listed by: N/A • N/A
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