195 E 4th Ave WWesthopeND58793
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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 Westhope at 195 E 4th Ave W, Westhope, ND, 58793 offers a 0% rental yield on a $249,500 purchase with $0/mo rent. 12% in year one. Equity gained on principal adds $1,610/yr while 5% annual appreciation supports $68,932 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $1,221/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1970
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58793, Westhope, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 303 (100%) |
| Owner Occupied HU | 192 (63.4%) |
| Renter Occupied HU | 40 (13.2%) |
| Vacant Housing Units | 71 (23.4%) |
| Median Home Value | $239,655 |
| Average Home Value | $325,065 |
Housing Distribution
Address Breakdown
Residential
129
Single Family
129
Multi-Family
0
Businesses
46
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Listed by: Leah Conway • 701 Realty, Inc.
Mls Name: Minot MLS
Mls ID: #251196