301 10th Ave SEStanleyND58784
Nearby investment properties with comparable rents
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
Investment Highlights
Investment property for sale in Stanley at 301 10th Ave SE, Stanley, ND, 58784 offers a 7.64% rental yield on a $315,000 purchase with $2,005/mo rent. Total monthly income registers $2,005/mo, and a $1,542/mo payment leaves $88/mo available for distribution. Annual cash flow reaches $1,051/yr on $104,423 to close, and return on cash invested stands at 20.92% in year one. Equity gained on principal adds $2,033/yr while 5% annual appreciation supports $87,029 over five years. Portfolio math shows five-year ROI at 108.12% and total cumulative return in cash at $112,901. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,005/mo property income against a $1,542/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2011
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58784, Stanley, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,602 (100%) |
| Owner Occupied HU | 788 (49.2%) |
| Renter Occupied HU | 439 (27.4%) |
| Vacant Housing Units | 375 (23.4%) |
| Median Home Value | $262,912 |
| Average Home Value | $296,754 |
Housing Distribution
Address Breakdown
Residential
920
Single Family
822
Multi-Family
98
Businesses
150
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Nearby investment properties with comparable prices
Listed by: Janet Schelling • Better Homes and Gardens Real Estate Watne Group
Mls Name: Minot MLS
Mls Provider:
Mls ID: #251390
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