1344 42k Ave 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
Total monthly income runs $3,634/mo, and a $7,342/mo payment. Purchase price stands at $1,500,000, and rental yield measures 2.91% with $3,634/mo rent. Return on cash invested shows 6.8% in year one, and 5% annual appreciation builds toward $414,422 over five years. Five-year ROI reaches 32.31% and total cumulative return in cash records $157,043. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,634/mo property income covering a $7,342/mo payment rather than investor’s personal income.
Single Family
Built in 2022
3.90 Acres 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: SHANEL EFFERTZ • Century 21 Morrison Realty
Mls Name: Minot MLS
Mls ID: #251662