113 Brush LnMercerND58559
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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
Rental property for sale in Mercer at 113 Brush Ln, Mercer, ND, 58559 offers $0/mo rent that, after a $1,708/mo payment. Total monthly income is $0/mo. Return on cash invested measures -2.12% in year one, and rental yield stands at 0% at a $349,000 entry. Equity gained on principal adds $2,252/yr while 5% annual appreciation compounds into $96,422 by year five. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $0/mo property income versus a $1,708/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1964
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58559, Mercer, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 116 (100%) |
| Owner Occupied HU | 78 (67.2%) |
| Renter Occupied HU | 9 ( 7.8%) |
| Vacant Housing Units | 29 (25.0%) |
| Median Home Value | $263,636 |
| Average Home Value | $327,115 |
Housing Distribution
Address Breakdown
Residential
66
Single Family
66
Multi-Family
0
Businesses
7
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Becky Aadnes • Better Homes and Gardens Real Estate Alliance Group
Mls Name: Great North MLS
Mls ID: #4021533