1971 Eagle AveReynoldsND58275
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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 Reynolds at 1971 Eagle Ave, Reynolds, ND, 58275 offers a 10.06% rental yield on a $479,900 purchase with $4,025/mo rent. Total monthly income registers $4,025/mo, and a $2,349/mo payment leaves $1,104/mo available for distribution. Annual cash flow reaches $13,249/yr on $159,087 to close, and return on cash invested stands at 28.24% in year one. Equity gained on principal adds $3,097/yr while 5% annual appreciation supports $132,588 over five years. Portfolio math shows five-year ROI at 147.4% and total cumulative return in cash at $234,489. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,025/mo property income against a $2,349/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
17.71 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58275, Reynolds, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 329 (100%) |
| Owner Occupied HU | 276 (83.9%) |
| Renter Occupied HU | 24 ( 7.3%) |
| Vacant Housing Units | 29 ( 8.8%) |
| Median Home Value | $352,222 |
| Average Home Value | $377,781 |
Housing Distribution
Address Breakdown
Residential
242
Single Family
242
Multi-Family
0
Businesses
14
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Listed by: Chris Horn • Crary Real Estate
Mls Name: GFBMLS
Mls Provider:
Mls ID: #25-659
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.