1110 Valley StMinotND58701
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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
Rental property for sale in Minot at 1110 Valley St, Minot, ND, 58701 priced at $134,900 converts $1,105/mo rent into $284/mo cash flow after a $660/mo obligation. Total monthly income equals $1,105/mo, and annual cash flow totals $3,411/yr on $44,719 invested. Return on cash invested prints 27.54% in year one, and rental yield reads 9.83% against a $134,900 entry. Equity gained on principal adds $870/yr, while 5% annual appreciation compiles into $37,270 by year five. Five-year ROI reaches 143.71% and total cumulative return in cash sums $64,265. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,105/mo property income covering a $660/mo payment, not borrower’s personal income.
Single Family
Built in 1930
5,009 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58701, Minot, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,808 (100%) |
| Owner Occupied HU | 8,272 (52.3%) |
| Renter Occupied HU | 5,812 (36.8%) |
| Vacant Housing Units | 1,724 (10.9%) |
| Median Home Value | $289,702 |
| Average Home Value | $320,771 |
Housing Distribution
Address Breakdown
Residential
15,462
Single Family
12,730
Multi-Family
2,732
Businesses
1,327
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Listed by: Mehgan Krueger • KW Inspire Realty
Mls Name: Minot MLS
Mls Provider:
Mls ID: #250449
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