1445 10th Ave NEThompsonND58278
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 Thompson at 1445 10th Ave NE, Thompson, ND, 58278 generates $1,517/mo in rent, after a $1,468/mo payment. Total monthly income is $1,517/mo. Return on cash invested sits at 16.19% in year one, and rental yield is 6.07% on a $299,900 entry. Equity gained on principal adds $1,935/yr, while 5% annual appreciation builds toward $82,857 over five years. Five-year ROI reaches 82.76% and total cumulative return in cash sums $82,276. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,517/mo property income rather than buyer’s personal income.
Single Family
Built in 1980
3.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58278, Thompson, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 785 (100%) |
| Owner Occupied HU | 703 (89.6%) |
| Renter Occupied HU | 56 ( 7.1%) |
| Vacant Housing Units | 26 ( 3.3%) |
| Median Home Value | $376,115 |
| Average Home Value | $415,725 |
Housing Distribution
Address Breakdown
Residential
740
Single Family
740
Multi-Family
0
Businesses
40
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Blake Christianson (Team Blake Christianson) • Greenberg Realty
Mls Name: GFBMLS
Mls Provider:
Mls ID: #25-941
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.