136 3rd Ave NWGarrisonND58540
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 136 3rd Ave NW, Garrison, ND, 58540 offers $997/mo rent that, after a $611/mo payment, leaves $237/mo cash flow. Total monthly income is $997/mo, and annual cash flow is $2,846/yr on $41,404 cash. Return on cash invested measures 26.78% in year one, and rental yield stands at 9.58% at a $124,900 entry. Equity gained on principal adds $806/yr while 5% annual appreciation compounds into $34,508 by year five. Five-year ROI records 139.66% and total cumulative return in cash reaches $57,826. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $997/mo property income versus a $611/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1928
7,013 sqft 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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Nearby investment properties with comparable prices
Listed by: Dawn Ver Bruggen • Coldwell Banker 1st Minot Realty
Mls Name: Minot MLS
Mls Provider:
Mls ID: #250585
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