301 3rd Ave WMakotiND58756
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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 Makoti at 301 3rd Ave W, Makoti, ND, 58756 uses $41,404 cash to close to unlock $2,126/yr annual cash flow and $177/mo monthly cash flow. Total monthly income runs $937/mo, and a $611/mo payment keeps the spread at $177/mo. Purchase price stands at $124,900, and rental yield measures 9% with $937/mo rent. Return on cash invested shows 25.04% in year one, and 5% annual appreciation builds toward $34,508 over five years. Five-year ROI reaches 130.36% and total cumulative return in cash records $53,974. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $937/mo property income covering a $611/mo payment rather than investor’s personal income.
Single Family
Built in 1914
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58756, Makoti, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 144 (100%) |
| Owner Occupied HU | 88 (61.1%) |
| Renter Occupied HU | 28 (19.4%) |
| Vacant Housing Units | 28 (19.4%) |
| Median Home Value | $225,000 |
| Average Home Value | $248,011 |
Housing Distribution
Address Breakdown
Residential
36
Single Family
36
Multi-Family
0
Businesses
12
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Listed by: Lori Henderson • Preferred Partners Real Estate
Mls Name: Minot MLS
Mls Provider:
Mls ID: #250658
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