1920 42nd Ave NEManfredND58341
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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 Manfred at 1920 42nd Ave NE, Manfred, ND, 58341 listed at $112,360 pairs $1,808/mo rent with a $550/mo payment to leave $1,124/mo cash flow. Total monthly income runs $1,808/mo, and annual cash flow reaches $13,489/yr on $37,247 cash to close. Return on cash invested measures 56.12% in year one, and rental yield registers 19.31% at a $112,360 basis. Equity gained on principal adds $725/yr, and annual property appreciation at 5% supports $31,043 by year five. Five-year ROI tracks 297.06% and total cumulative return in cash totals $110,648. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,808/mo property income relative to a $550/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in N/A
8.73 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58341, Harvey, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,392 (100%) |
| Owner Occupied HU | 828 (59.5%) |
| Renter Occupied HU | 249 (17.9%) |
| Vacant Housing Units | 315 (22.6%) |
| Median Home Value | $172,143 |
| Average Home Value | $228,089 |
Housing Distribution
Address Breakdown
Residential
1,163
Single Family
1,026
Multi-Family
137
Businesses
154
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Listed by: N/A • N/A
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Mls ID: #N/A