201 1st Ave EBuffaloND58011
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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
Rental property for sale in Buffalo at 201 1st Ave E, Buffalo, ND, 58011 generates $1,886/mo in rent and, after a $930/mo payment, leaves $730/mo in cash flow. Total monthly income is $1,886/mo, and annual cash flow is $8,755/yr on $62,985 invested. Return on cash invested sits at 33.81% in year one, and rental yield is 11.91% on a $190,000 entry. Equity gained on principal adds $1,226/yr, while 5% annual appreciation builds toward $52,494 over five years. Five-year ROI reaches 177.26% and total cumulative return in cash sums $111,648. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,886/mo property income rather than buyer’s personal income.
Single Family
Built in 1900
0.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58011, Buffalo, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 205 (100%) |
| Owner Occupied HU | 161 (78.5%) |
| Renter Occupied HU | 19 ( 9.3%) |
| Vacant Housing Units | 25 (12.2%) |
| Median Home Value | $297,917 |
| Average Home Value | $328,509 |
Housing Distribution
Address Breakdown
Residential
136
Single Family
128
Multi-Family
8
Businesses
30
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Listed by: Danielle Beilke • Beyond Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6805350