13802 Highway 85 NAlexanderND58831
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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 Alexander at 13802 Highway 85 N, Alexander, ND, 58831 generates $2,650/mo in rent, after a $8,810/mo payment. Total monthly income is $2,650/mo. Return on cash invested sits at 3.28% in year one, and rental yield is 1.77% on a $1,800,000 entry. Equity gained on principal adds $11,615/yr, while 5% annual appreciation builds toward $497,307 over five years. Five-year ROI reaches 13.44% and total cumulative return in cash sums $78,359. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,650/mo property income rather than buyer’s personal income.
Single Family
Built in 1959
38.36 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
No similar price properties found nearby.
Listed by: Katie B Tschetter • ERA American Real Estate
Mls Name: Badlands BOR
Mls ID: #25-697