13706 70th St SWAmidonND58620
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
Investment property for sale in Amidon at 13706 70th St SW, Amidon, ND, 58620 offers a 7.39% rental yield on a $175,000 purchase with $1,078/mo rent. Total monthly income registers $1,078/mo, and a $857/mo payment leaves $12/mo available for distribution. Annual cash flow reaches $150/yr on $58,013 to close, and return on cash invested stands at 20.17% in year one. Equity gained on principal adds $1,129/yr while 5% annual appreciation supports $48,349 over five years. Portfolio math shows five-year ROI at 104.14% and total cumulative return in cash at $60,415. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,078/mo property income against a $857/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
12.02 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58620, Amidon, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 151 (100%) |
| Owner Occupied HU | 89 (58.9%) |
| Renter Occupied HU | 15 ( 9.9%) |
| Vacant Housing Units | 47 (31.1%) |
| Median Home Value | $230,556 |
| Average Home Value | $275,281 |
Housing Distribution
Address Breakdown
Residential
69
Single Family
69
Multi-Family
0
Businesses
5
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Alison Pierce • Pifer's Auction & Realty
Mls Name: My State MLS
Mls ID: #11603331