1670 31st Ave NWColeharborND58531
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 Coleharbor at 1670 31st Ave NW, Coleharbor, ND, 58531 earns from $1,585/mo rent with a $1,615/mo payment. Total monthly income totals $1,585/mo. ROI tracks 15.27% on current figures, and rental yield reads 5.77% at a $329,900 purchase. Equity gained on principal adds $2,129/yr, and 5% annual appreciation supports $91,145 over five years. Five-year ROI reaches 77.8% and total cumulative return in cash sums $85,083. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,585/mo property income instead of your personal income.
Single Family
Built in 2000
1.59 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58531, Coleharbor, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 371 (100%) |
| Owner Occupied HU | 168 (45.3%) |
| Renter Occupied HU | 28 ( 7.5%) |
| Vacant Housing Units | 175 (47.2%) |
| Median Home Value | $332,558 |
| Average Home Value | $429,360 |
Housing Distribution
Address Breakdown
Residential
192
Single Family
192
Multi-Family
0
Businesses
7
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Nearby investment properties with comparable prices
Listed by: Becky Bertsch • Better Homes and Gardens Real Estate Watne Group
Mls Name: Minot MLS
Mls Provider:
Mls ID: #250220
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