1112 Delmar Ct APT 2MinotND58703
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
Investment Highlights
Investment property for sale in Minot at 1112 Delmar Ct APT 2, Minot, ND, 58703 earns $299/mo cash flow from $1,668/mo rent with a $1,101/mo payment. Total monthly income totals $1,668/mo, and annual cash flow totals $3,586/yr on $74,588 capital. ROI tracks 24.72% on current figures, and rental yield reads 8.9% at a $225,000 purchase. Equity gained on principal adds $1,452/yr, and 5% annual appreciation supports $62,163 over five years. Five-year ROI reaches 128.48% and total cumulative return in cash sums $95,829. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,668/mo property income instead of your personal income.
Townhouse
Built in 2005
2,962 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58703, Minot, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,997 (100%) |
| Owner Occupied HU | 5,572 (50.7%) |
| Renter Occupied HU | 4,334 (39.4%) |
| Vacant Housing Units | 1,091 ( 9.9%) |
| Median Home Value | $273,420 |
| Average Home Value | $302,825 |
Housing Distribution
Address Breakdown
Residential
10,636
Single Family
9,819
Multi-Family
817
Businesses
425
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Listed by: Hunter Matthys • Better Homes and Gardens Real Estate Watne Group
Mls Name: Minot MLS
Mls ID: #251832