225 1st Ave NEBeachND58621
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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 Beach at 225 1st Ave NE, Beach, ND, 58621 priced at $172,000 pairs $1,356/mo rent with $309/mo cash flow after a $842/mo payment. Total monthly income equals $1,356/mo, and annual cash flow comes to $3,708/yr on $57,018 invested. Return on cash invested is 26.41% in year one, and rental yield stands at 9.46% on a $172,000 basis. Equity gained on principal adds $1,110/yr, and 5% annual appreciation accumulates to $47,520 by year five. Five-year ROI measures 137.66% and total cumulative return in cash reaches $78,493. For financing, Ziffy Mortgage’s DSCR program evaluates $1,356/mo property income against a $842/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1945
7,332 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58621, Beach, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 656 (100%) |
| Owner Occupied HU | 412 (62.8%) |
| Renter Occupied HU | 109 (16.6%) |
| Vacant Housing Units | 135 (20.6%) |
| Median Home Value | $184,524 |
| Average Home Value | $229,102 |
Housing Distribution
Address Breakdown
Residential
125
Single Family
125
Multi-Family
0
Businesses
79
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Listed by: Bruce C Ross • Home and Land Company
Mls Name: Badlands BOR
Mls ID: #25-466