13097 Highway 85 NArnegardND58835
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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
Total monthly income runs $1,118/mo, and a $1,933/mo payment. Purchase price stands at $395,000, and rental yield measures 3.4% with $1,118/mo rent. Return on cash invested shows 8.13% in year one, and 5% annual appreciation builds toward $109,131 over five years. Five-year ROI reaches 39.55% and total cumulative return in cash records $51,786. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,118/mo property income covering a $1,933/mo payment rather than investor’s personal income.
Single Family
Built in 1910
4.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58835, Arnegard, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 439 (100%) |
| Owner Occupied HU | 183 (41.7%) |
| Renter Occupied HU | 126 (28.7%) |
| Vacant Housing Units | 130 (29.6%) |
| Median Home Value | $432,418 |
| Average Home Value | $443,156 |
Housing Distribution
Address Breakdown
Residential
185
Single Family
185
Multi-Family
0
Businesses
31
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Listed by: Danielle M Johnsen • eXp Realty
Mls Name: Great North MLS
Mls ID: #4021972