212 Avenue #CMcCluskyND58463
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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
Rental property for sale in McClusky at 212 Avenue #C, McClusky, ND, 58463 offers $984/mo rent that, after a $538/mo payment, leaves $315/mo cash flow. Total monthly income is $984/mo, and annual cash flow is $3,780/yr on $36,432 cash. Return on cash invested measures 30.29% in year one, and rental yield stands at 10.74% at a $109,900 entry. Equity gained on principal adds $709/yr while 5% annual appreciation compounds into $30,363 by year five. Five-year ROI records 158.48% and total cumulative return in cash reaches $57,736. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $984/mo property income versus a $538/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58463, Mcclusky, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 407 (100%) |
| Owner Occupied HU | 252 (61.9%) |
| Renter Occupied HU | 43 (10.6%) |
| Vacant Housing Units | 112 (27.5%) |
| Median Home Value | $163,000 |
| Average Home Value | $203,264 |
Housing Distribution
Address Breakdown
Residential
162
Single Family
162
Multi-Family
0
Businesses
40
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: DENISE M ZIEGLER • Better Homes and Gardens Real Estate Alliance Group
Mls Name: Great North MLS
Mls ID: #4021212