115 Minnesota AveWiltonND58579
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 Wilton at 115 Minnesota Ave, Wilton, ND, 58579 with 5% annual appreciation on a $270,000 basis while $1,841/mo rent supports operations. Total monthly income totals $1,841/mo and a $1,322/mo payment preserves $197/mo for cash returns. Annual cash flow comes to $2,367/yr on $89,505 deployed, and return on cash invested reaches 22.55% in year one. Equity gained on principal adds $1,742/yr, and five-year appreciation sums $74,596 alongside rental yield of 8.18%. Five-year ROI measures 116.92% and total cumulative return in cash totals $104,653.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,841/mo property income versus a $1,322/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1977
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58579, Wilton, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 647 (100%) |
| Owner Occupied HU | 475 (73.4%) |
| Renter Occupied HU | 67 (10.4%) |
| Vacant Housing Units | 105 (16.2%) |
| Median Home Value | $318,000 |
| Average Home Value | $342,674 |
Housing Distribution
Address Breakdown
Residential
406
Single Family
406
Multi-Family
0
Businesses
38
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Listed by: Deborah Ellison • Rafter Real Estate
Mls Name: Great North MLS
Mls ID: #4020856