307 5th AveEdgeleyND58433
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 307 5th Ave, Edgeley, ND, 58433 in Edgeley hard to pass up. The 10.19% gross yield on a $210,000 purchase results in $1,783/mo in rent and $505/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (1.89). Annual cash flow of $6,061, five-year appreciation of $58,019, and $1,934/yr in equity build-up combine for a projected total cumulative return of $112,051.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 10.2% | 6.2% |
| Monthly Cash Flow | $505 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,783 |
| Total Monthly Debt Service | $1,195 |
| DSCR Ratio | 1.49x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1906
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58433, Edgeley, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 527 (100%) |
| Owner Occupied HU | 378 (71.7%) |
| Renter Occupied HU | 79 (15.0%) |
| Vacant Housing Units | 70 (13.3%) |
| Median Home Value | $156,061 |
| Average Home Value | $205,245 |
Housing Distribution
Address Breakdown
Residential
325
Single Family
325
Multi-Family
0
Businesses
58
Nearby investment properties with comparable rents
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
Single Family
Built in 1906
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58433, Edgeley, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 527 (100%) |
| Owner Occupied HU | 378 (71.7%) |
| Renter Occupied HU | 79 (15.0%) |
| Vacant Housing Units | 70 (13.3%) |
| Median Home Value | $156,061 |
| Average Home Value | $205,245 |
Housing Distribution
Address Breakdown
Residential
325
Single Family
325
Multi-Family
0
Businesses
58
Nearby investment properties with comparable rents
Listed by: N/A • N/A
Mls Name: Great North MLS
Mls ID: #4023893