302 4th Ave SEArnegardND58835
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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 Arnegard at 302 4th Ave SE, Arnegard, ND, 58835 offers a 7.25% rental yield on a $323,000 purchase with $1,951/mo rent. 74% in year one. Equity gained on principal adds $2,084/yr while 5% annual appreciation supports $89,239 over five years. Portfolio math shows five-year ROI at 101.85% and total cumulative return in cash at $109,053. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,951/mo property income against a $1,581/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2017
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58835, Arnegard, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 439 (100%) |
| Owner Occupied HU | 183 (41.7%) |
| Renter Occupied HU | 126 (28.7%) |
| Vacant Housing Units | 130 (29.6%) |
| Median Home Value | $432,418 |
| Average Home Value | $443,156 |
Housing Distribution
Address Breakdown
Residential
185
Single Family
185
Multi-Family
0
Businesses
31
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Listed by: Linda Bone • eXp Realty
Mls Name: Great North MLS
Mls ID: #4022193