270 Sandpiper LnGrand ForksND58201
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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 Grand Forks at 270 Sandpiper Ln, Grand Forks, ND, 58201 at $485,000 posts ROI 14.85% with from $2,274/mo rent. Total monthly income equals $2,274/mo. Return on cash invested measures 14.85% and rental yield reads 5.63% at the current $485,000. Equity gained on principal adds $3,130/yr, and 5% annual appreciation supports $133,997 by year five. Five-year ROI prints 75.59% and total cumulative return in cash totals $121,538. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,274/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2017
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58201, Grand Forks, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,143 (100%) |
| Owner Occupied HU | 9,538 (45.1%) |
| Renter Occupied HU | 10,113 (47.8%) |
| Vacant Housing Units | 1,492 ( 7.1%) |
| Median Home Value | $312,291 |
| Average Home Value | $369,772 |
Housing Distribution
Address Breakdown
Residential
20,432
Single Family
11,507
Multi-Family
8,925
Businesses
1,190
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Listed by: Abbie S. Gibbs • Greenberg Realty
Mls Name: GFBMLS
Mls ID: #25-1706