306 Dakota Ave EGalesburgND58035
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
Rental property for sale in Galesburg at 306 Dakota Ave E, Galesburg, ND, 58035 priced at $187,000 pairs $1,741/mo rent with $603/mo cash flow after a $915/mo payment. Total monthly income equals $1,741/mo, and annual cash flow comes to $7,238/yr on $61,991 invested. Return on cash invested is 31.58% in year one, and rental yield stands at 11.17% on a $187,000 basis. Equity gained on principal adds $1,207/yr, and 5% annual appreciation accumulates to $51,665 by year five. Five-year ROI measures 165.38% and total cumulative return in cash reaches $102,522. For financing, Ziffy Mortgage’s DSCR program evaluates $1,741/mo property income against a $915/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1966
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58035, Galesburg, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 137 (100%) |
| Owner Occupied HU | 108 (78.8%) |
| Renter Occupied HU | 17 (12.4%) |
| Vacant Housing Units | 12 ( 8.8%) |
| Median Home Value | $232,353 |
| Average Home Value | $259,120 |
Housing Distribution
Address Breakdown
Residential
58
Single Family
58
Multi-Family
0
Businesses
8
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Listed by: Karla Thykeson • Viking Insurance & Realty
Mls Name: GFBMLS
Mls ID: #25-1152