201 1st Ave WNoonanND58765
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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 Noonan at 201 1st Ave W, Noonan, ND, 58765 listed at $130,000 pairs $720/mo rent with a $636/mo payment. Total monthly income runs $720/mo. Return on cash invested measures 17.93% in year one, and rental yield registers 6.65% at a $130,000 basis. Equity gained on principal adds $839/yr, and annual property appreciation at 5% supports $35,917 by year five. Five-year ROI tracks 92.2% and total cumulative return in cash totals $39,735. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $720/mo property income relative to a $636/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 2012
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58765, Noonan, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 199 (100%) |
| Owner Occupied HU | 86 (43.2%) |
| Renter Occupied HU | 21 (10.6%) |
| Vacant Housing Units | 92 (46.2%) |
| Median Home Value | $223,810 |
| Average Home Value | $257,616 |
Housing Distribution
Address Breakdown
Residential
101
Single Family
101
Multi-Family
0
Businesses
22
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Listed by: KRISTI M BOHL • TRADEMARK REALTY
Mls Name: Great North MLS
Mls ID: #4020989