213 Wilson AveMintoND58261
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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 Minto at 213 Wilson Ave, Minto, ND, 58261 generates $0/mo in rent, after a $1,199/mo payment. Total monthly income is $0/mo. Return on cash invested sits at -2.13% in year one, and rental yield is 0% on a $244,900 entry. Equity gained on principal adds $1,580/yr, while 5% annual appreciation builds toward $67,661 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $0/mo property income rather than buyer’s personal income.
Single Family
Built in 1900
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58261, Minto, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 492 (100%) |
| Owner Occupied HU | 384 (78.0%) |
| Renter Occupied HU | 53 (10.8%) |
| Vacant Housing Units | 55 (11.2%) |
| Median Home Value | $150,532 |
| Average Home Value | $192,070 |
Housing Distribution
Address Breakdown
Residential
273
Single Family
273
Multi-Family
0
Businesses
43
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No similar rental properties found nearby.
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Listed by: Alison Cruz • Oxford Realty
Mls Name: GFBMLS
Mls ID: #26-13