1170 170th St NWDes LacsND58733
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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 Des Lacs at 1170 170th St NW, Des Lacs, ND, 58733 generates $3,738/mo in rent, after a $3,402/mo payment. Total monthly income is $3,738/mo. Return on cash invested sits at 17.48% in year one, and rental yield is 6.45% on a $695,000 entry. Equity gained on principal adds $4,485/yr, while 5% annual appreciation builds toward $192,016 over five years. Five-year ROI reaches 89.62% and total cumulative return in cash sums $204,930. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,738/mo property income rather than buyer’s personal income.
Single Family
Built in 2014
2.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58733, Des Lacs, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 174 (100%) |
| Owner Occupied HU | 137 (78.7%) |
| Renter Occupied HU | 27 (15.5%) |
| Vacant Housing Units | 10 ( 5.7%) |
| Median Home Value | $262,500 |
| Average Home Value | $322,172 |
Housing Distribution
Address Breakdown
Residential
101
Single Family
101
Multi-Family
0
Businesses
5
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Listed by: Lori VanWinkle • Dakota Realty
Mls Name: Minot MLS
Mls ID: #251047