204 Oxbow CirOxbowND58047
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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 Oxbow at 204 Oxbow Cir, Oxbow, ND, 58047 at $475,000 posts ROI 19.36% with from $2,819/mo rent. Total monthly income equals $2,819/mo. Return on cash invested measures 19.36% and rental yield reads 7.12% at the current $475,000. Equity gained on principal adds $3,065/yr, and 5% annual appreciation supports $131,234 by year five. Five-year ROI prints 99.75% and total cumulative return in cash totals $157,075. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,819/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1978
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58047, Horace, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,417 (100%) |
| Owner Occupied HU | 2,024 (83.7%) |
| Renter Occupied HU | 153 ( 6.3%) |
| Vacant Housing Units | 240 ( 9.9%) |
| Median Home Value | $468,689 |
| Average Home Value | $542,473 |
Housing Distribution
Address Breakdown
Residential
2,136
Single Family
2,130
Multi-Family
6
Businesses
137
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Listed by: Justin Cross • Aspire Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6785619