202 5th St NEGarrisonND58540
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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 Garrison at 202 5th St NE, Garrison, ND, 58540 listed at $200,000 pairs $1,325/mo rent with a $979/mo payment to leave $108/mo cash flow. Total monthly income runs $1,325/mo, and annual cash flow reaches $1,292/yr on $66,300 cash to close. Return on cash invested measures 21.86% in year one, and rental yield registers 7.95% at a $200,000 basis. Equity gained on principal adds $1,291/yr, and annual property appreciation at 5% supports $55,256 by year five. Five-year ROI tracks 113.15% and total cumulative return in cash totals $75,020. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,325/mo property income relative to a $979/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1930
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58540, Garrison, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,617 (100%) |
| Owner Occupied HU | 970 (60.0%) |
| Renter Occupied HU | 222 (13.7%) |
| Vacant Housing Units | 425 (26.3%) |
| Median Home Value | $305,405 |
| Average Home Value | $318,773 |
Housing Distribution
Address Breakdown
Residential
887
Single Family
852
Multi-Family
35
Businesses
131
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Listed by: Michael Matteson • West Inkster Realty
Mls Name: Minot MLS
Mls Provider:
Mls ID: #250889
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