1217 Glacial DrMinotND58703
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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
Investment property for sale in Minot at 1217 Glacial Dr, Minot, ND, 58703 listed at $265,000 pairs $1,649/mo rent with a $1,297/mo payment to leave $36/mo cash flow. Total monthly income runs $1,649/mo, and annual cash flow reaches $435/yr on $87,848 cash to close. Return on cash invested measures 20.4% in year one, and rental yield registers 7.47% at a $265,000 basis. Equity gained on principal adds $1,710/yr, and annual property appreciation at 5% supports $73,215 by year five. Five-year ROI tracks 105.39% and total cumulative return in cash totals $92,583. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,649/mo property income relative to a $1,297/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1978
N/A 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: Jody Bullinger • BROKERS 12, INC.
Mls Name: Minot MLS
Mls ID: #251706