279 1st Ave NWBeachND58621
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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 Beach at 279 1st Ave NW, Beach, ND, 58621 uses $49,692 cash to close to unlock $2,548/yr annual cash flow and $212/mo monthly cash flow. Total monthly income runs $1,125/mo, and a $734/mo payment keeps the spread at $212/mo. Purchase price stands at $149,900, and rental yield measures 9.01% with $1,125/mo rent. Return on cash invested shows 25.04% in year one, and 5% annual appreciation builds toward $41,415 over five years. Five-year ROI reaches 130.26% and total cumulative return in cash records $64,727. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,125/mo property income covering a $734/mo payment rather than investor’s personal income.
Single Family
Built in 1910
0.32 Acres 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: #25-1185