201 7th AvePlazaND58771
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
Rental property for sale in Plaza at 201 7th Ave, Plaza, ND, 58771 priced at $299,900 pairs $895/mo rent with after a $1,468/mo payment. Total monthly income equals $895/mo. Return on cash invested is 8.68% in year one, and rental yield stands at 3.58% on a $299,900 basis. Equity gained on principal adds $1,935/yr, and 5% annual appreciation accumulates to $82,857 by year five. Five-year ROI measures 42.49% and total cumulative return in cash reaches $42,244. For financing, Ziffy Mortgage’s DSCR program evaluates $895/mo property income against a $1,468/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1986
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58771, Plaza, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 257 (100%) |
| Owner Occupied HU | 156 (60.7%) |
| Renter Occupied HU | 39 (15.2%) |
| Vacant Housing Units | 62 (24.1%) |
| Median Home Value | $244,737 |
| Average Home Value | $264,327 |
Housing Distribution
Address Breakdown
Residential
177
Single Family
169
Multi-Family
8
Businesses
17
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Nearby investment properties with comparable prices
Listed by: Edward Steckler • Coldwell Banker 1st Minot Realty
Mls Name: Minot MLS
Mls Provider:
Mls ID: #250258
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