184 Charles StKramerND58748
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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 Kramer at 184 Charles St, Kramer, ND, 58748 with 5% annual appreciation on a $119,900 basis while $948/mo rent supports operations. Total monthly income totals $948/mo and a $587/mo payment preserves $218/mo for cash returns. Annual cash flow comes to $2,617/yr on $39,747 deployed, and return on cash invested reaches 26.49% in year one. Equity gained on principal adds $774/yr, and five-year appreciation sums $33,126 alongside rental yield of 9.49%. Five-year ROI measures 138.15% and total cumulative return in cash totals $54,912.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $948/mo property income versus a $587/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1940
0.69 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58748, Kramer, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 83 (100%) |
| Owner Occupied HU | 54 (65.1%) |
| Renter Occupied HU | 5 ( 6.0%) |
| Vacant Housing Units | 24 (28.9%) |
| Median Home Value | $250,000 |
| Average Home Value | $281,667 |
Housing Distribution
Address Breakdown
Residential
58
Single Family
58
Multi-Family
0
Businesses
3
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Listed by: Jody Bullinger • BROKERS 12, INC.
Mls Name: Minot MLS
Mls Provider:
Mls ID: #250700
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