203 4th Ave SEPowers LakeND58773
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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 Powers Lake at 203 4th Ave SE, Powers Lake, ND, 58773 earns $184/mo cash flow from $823/mo rent with a $514/mo payment. Total monthly income totals $823/mo, and annual cash flow totals $2,206/yr on $34,808 capital. ROI tracks 26.25% on current figures, and rental yield reads 9.41% at a $105,000 purchase. Equity gained on principal adds $678/yr, and 5% annual appreciation supports $29,010 over five years. Five-year ROI reaches 136.7% and total cumulative return in cash sums $47,582. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $823/mo property income instead of your personal income.
Single Family
Built in 1910
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58773, Powers Lake, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 407 (100%) |
| Owner Occupied HU | 252 (61.9%) |
| Renter Occupied HU | 71 (17.4%) |
| Vacant Housing Units | 84 (20.6%) |
| Median Home Value | $250,943 |
| Average Home Value | $300,397 |
Housing Distribution
Address Breakdown
Residential
229
Single Family
228
Multi-Family
1
Businesses
33
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Listed by: ANGELA RITHMILLER • SIGNAL REALTY
Mls Name: Minot MLS
Mls ID: #251727