203 Sunset LnRugbyND58368
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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 Rugby at 203 Sunset Ln, Rugby, ND, 58368 offers $2,827/mo rent that, after a $1,615/mo payment, leaves $819/mo cash flow. Total monthly income is $2,827/mo, and annual cash flow is $9,826/yr on $109,362 cash. Return on cash invested measures 28.89% in year one, and rental yield stands at 10.28% at a $329,900 entry. Equity gained on principal adds $2,129/yr while 5% annual appreciation compounds into $91,145 by year five. Five-year ROI records 150.88% and total cumulative return in cash reaches $165,003. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,827/mo property income versus a $1,615/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1990
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58368, Rugby, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,792 (100%) |
| Owner Occupied HU | 1,203 (67.1%) |
| Renter Occupied HU | 295 (16.5%) |
| Vacant Housing Units | 294 (16.4%) |
| Median Home Value | $179,241 |
| Average Home Value | $223,128 |
Housing Distribution
Address Breakdown
Residential
1,653
Single Family
1,500
Multi-Family
153
Businesses
233
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Listed by: MICHAEL HOUIM • BROKERS 12, INC.
Mls Name: Minot MLS
Mls ID: #251300