1250 153rd St SENorwichND58768
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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 Norwich at 1250 153rd St SE, Norwich, ND, 58768 earns from $2,240/mo rent with a $2,741/mo payment. Total monthly income totals $2,240/mo. ROI tracks 12.45% on current figures, and rental yield reads 4.8% at a $560,000 purchase. Equity gained on principal adds $3,614/yr, and 5% annual appreciation supports $154,718 over five years. Five-year ROI reaches 62.68% and total cumulative return in cash sums $115,481. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,240/mo property income instead of your personal income.
Single Family
Built in 2012
4 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58768, Norwich, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 151 (100%) |
| Owner Occupied HU | 115 (76.2%) |
| Renter Occupied HU | 22 (14.6%) |
| Vacant Housing Units | 14 ( 9.3%) |
| Median Home Value | $277,500 |
| Average Home Value | $295,326 |
Housing Distribution
Address Breakdown
Residential
118
Single Family
118
Multi-Family
0
Businesses
3
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Listed by: Anna Yencho • Realty ONE Group Magnum
Mls Name: Minot MLS
Mls ID: #251699