20 3rd Ave EMakotiND58756
Nearby investment properties with comparable rents
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 Makoti at 20 3rd Ave E, Makoti, ND, 58756 listed at $127,900 pairs $962/mo rent with a $626/mo payment to leave $184/mo cash flow. Total monthly income runs $962/mo, and annual cash flow reaches $2,203/yr on $42,399 cash to close. Return on cash invested measures 25.11% in year one, and rental yield registers 9.03% at a $127,900 basis. Equity gained on principal adds $825/yr, and annual property appreciation at 5% supports $35,336 by year five. Five-year ROI tracks 130.65% and total cumulative return in cash totals $55,395. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $962/mo property income relative to a $626/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1951
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58756, Makoti, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 144 (100%) |
| Owner Occupied HU | 88 (61.1%) |
| Renter Occupied HU | 28 (19.4%) |
| Vacant Housing Units | 28 (19.4%) |
| Median Home Value | $225,000 |
| Average Home Value | $248,011 |
Housing Distribution
Address Breakdown
Residential
36
Single Family
36
Multi-Family
0
Businesses
12
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kelsi Hach • Rafter Real Estate
Mls Name: Great North MLS
Mls ID: #4019597
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. The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed.