275 8th Ave SCarringtonND58421
INVESTMENT ANALYSIS
Investment Verdict
Appreciation Play275 8th Ave S, Carrington, ND, 58421 in Carrington is priced for appreciation, not yield. Rental yield 0%. At $190,000 with a 0% gross yield, the monthly income is modest, but 5% annual price growth is projected to add $52,494 in value over five years, making equity the primary return driver. Ziffy Mortgage's DSCR mortgage (0.00) can still finance this property for non-U.S. residents; a 30–35% down payment typically produces the cleanest underwriting for appreciation-focused assets.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 6.2% |
| Monthly Cash Flow | $0 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
Single Family
Built in 1977
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58421, Carrington, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,459 (100%) |
| Owner Occupied HU | 943 (64.6%) |
| Renter Occupied HU | 297 (20.4%) |
| Vacant Housing Units | 219 (15.0%) |
| Median Home Value | $204,427 |
| Average Home Value | $261,331 |
Housing Distribution
Address Breakdown
Residential
1,277
Single Family
1,160
Multi-Family
117
Businesses
187
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
Single Family
Built in 1977
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58421, Carrington, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,459 (100%) |
| Owner Occupied HU | 943 (64.6%) |
| Renter Occupied HU | 297 (20.4%) |
| Vacant Housing Units | 219 (15.0%) |
| Median Home Value | $204,427 |
| Average Home Value | $261,331 |
Housing Distribution
Address Breakdown
Residential
1,277
Single Family
1,160
Multi-Family
117
Businesses
187
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Jen Dockter • BluFrog Realty Inc
Mls Name: Great North MLS
Mls ID: #4019602
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed.