2109 Johnson StBurlingtonND58722
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Total monthly income runs $1,074/mo, and a $2,300/mo payment. Purchase price stands at $470,000, and rental yield measures 2.74% with $1,074/mo rent. Return on cash invested shows 6.15% in year one, and 5% annual appreciation builds toward $129,852 over five years. Five-year ROI reaches 28.93% and total cumulative return in cash records $45,069. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,074/mo property income covering a $2,300/mo payment rather than investor’s personal income.
Single Family
Built in 2023
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58722, Burlington, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 780 (100%) |
| Owner Occupied HU | 525 (67.3%) |
| Renter Occupied HU | 163 (20.9%) |
| Vacant Housing Units | 92 (11.8%) |
| Median Home Value | $237,987 |
| Average Home Value | $300,148 |
Housing Distribution
Address Breakdown
Residential
631
Single Family
585
Multi-Family
46
Businesses
51
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Nathan Stremick • SIGNAL REALTY
Mls Name: Minot MLS
Mls Provider:
Mls ID: #250963
Disclaimer: The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of the MMLS, Inc. Real estate listings other than Zillow, Inc. are marked with the Broker Reciprocity logo and the view of detailed information about them includes the name of the listing broker. Zillow, Inc. does not display the entire MMLS, Inc. Broker Reciprocity database on this website. The listings of some real estate brokerage firms have been excluded. All information provided is deemed reliable but is not guaranteed and should be independently verified. No reproduction, distribution, or transmission of the information at this site is permitted without written permission from Zillow, Inc.