210 Chelsey DrGlenburnND58740
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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 Glenburn at 210 Chelsey Dr, Glenburn, ND, 58740 uses $44,719 cash to close to unlock $3,099/yr annual cash flow and $258/mo monthly cash flow. Total monthly income runs $1,079/mo, and a $660/mo payment keeps the spread at $258/mo. Purchase price stands at $134,900, and rental yield measures 9.6% with $1,079/mo rent. Return on cash invested shows 26.84% in year one, and 5% annual appreciation builds toward $37,270 over five years. Five-year ROI reaches 139.95% and total cumulative return in cash records $62,585. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,079/mo property income covering a $660/mo payment rather than investor’s personal income.
Townhouse
Built in 1964
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58740, Glenburn, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 400 (100%) |
| Owner Occupied HU | 272 (68.0%) |
| Renter Occupied HU | 54 (13.5%) |
| Vacant Housing Units | 74 (18.5%) |
| Median Home Value | $220,313 |
| Average Home Value | $239,972 |
Housing Distribution
Address Breakdown
Residential
258
Single Family
258
Multi-Family
0
Businesses
21
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Listed by: SAMMY HERSLIP • BROKERS 12, INC.
Mls Name: Minot MLS
Mls ID: #251225