1289 41ave NWGarrisonND58540
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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 Garrison at 1289 41ave NW, Garrison, ND, 58540 generates $780/mo in rent, after a $4,772/mo payment. Total monthly income is $780/mo. Return on cash invested sits at 0.78% in year one, and rental yield is 0.96% on a $975,000 entry. Equity gained on principal adds $6,292/yr, while 5% annual appreciation builds toward $269,375 over five years. Five-year ROI reaches 0.1% and total cumulative return in cash sums $327. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $780/mo property income rather than buyer’s personal income.
Single Family
Built in 2007
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58540, Garrison, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,617 (100%) |
| Owner Occupied HU | 970 (60.0%) |
| Renter Occupied HU | 222 (13.7%) |
| Vacant Housing Units | 425 (26.3%) |
| Median Home Value | $305,405 |
| Average Home Value | $318,773 |
Housing Distribution
Address Breakdown
Residential
887
Single Family
852
Multi-Family
35
Businesses
131
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Listed by: N/A • N/A
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