1713 22nd St NEEmeradoND58228
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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
Investment property for sale in Emerado at 1713 22nd St NE, Emerado, ND, 58228 earns $146/mo cash flow from $1,515/mo rent with a $1,101/mo payment. Total monthly income totals $1,515/mo, and annual cash flow totals $1,750/yr on $74,588 capital. ROI tracks 22.26% on current figures, and rental yield reads 8.08% at a $225,000 purchase. Equity gained on principal adds $1,452/yr, and 5% annual appreciation supports $62,163 over five years. Five-year ROI reaches 115.29% and total cumulative return in cash sums $85,989. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,515/mo property income instead of your personal income.
Single Family
Built in 1984
12 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58228, Emerado, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 483 (100%) |
| Owner Occupied HU | 328 (67.9%) |
| Renter Occupied HU | 79 (16.4%) |
| Vacant Housing Units | 76 (15.7%) |
| Median Home Value | $340,000 |
| Average Home Value | $354,352 |
Housing Distribution
Address Breakdown
Residential
308
Single Family
308
Multi-Family
0
Businesses
32
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Listed by: Collin J Olson • Oxford Realty
Mls Name: GFBMLS
Mls Provider:
Mls ID: #24-1465
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.