2881 111th St NESurreyND58785
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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 Surrey at 2881 111th St NE, Surrey, ND, 58785 earns $1,478/mo cash flow from $4,217/mo rent with a $2,203/mo payment. Total monthly income totals $4,217/mo, and annual cash flow totals $17,733/yr on $149,175 capital. ROI tracks 31.8% on current figures, and rental yield reads 11.25% at a $450,000 purchase. Equity gained on principal adds $2,904/yr, and 5% annual appreciation supports $124,327 over five years. Five-year ROI reaches 166.45% and total cumulative return in cash sums $248,298. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,217/mo property income instead of your personal income.
Single Family
Built in 1920
3.08 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58785, Surrey, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 581 (100%) |
| Owner Occupied HU | 479 (82.4%) |
| Renter Occupied HU | 53 ( 9.1%) |
| Vacant Housing Units | 49 ( 8.4%) |
| Median Home Value | $324,408 |
| Average Home Value | $328,450 |
Housing Distribution
Address Breakdown
Residential
369
Single Family
369
Multi-Family
0
Businesses
17
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Listed by: DREW WIERSON • Maven Real Estate
Mls Name: Minot MLS
Mls ID: #251156