308 Highland StRoletteND58366
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 Rolette at 308 Highland St, Rolette, ND, 58366 generates $714/mo in rent, after a $1,199/mo payment. Total monthly income is $714/mo. Return on cash invested sits at 8.43% in year one, and rental yield is 3.5% on a $245,000 entry. Equity gained on principal adds $1,581/yr, while 5% annual appreciation builds toward $67,689 over five years. Five-year ROI reaches 41.21% and total cumulative return in cash sums $33,468. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $714/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58366, Rolette, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 385 (100%) |
| Owner Occupied HU | 203 (52.7%) |
| Renter Occupied HU | 128 (33.2%) |
| Vacant Housing Units | 54 (14.0%) |
| Median Home Value | $176,974 |
| Average Home Value | $210,086 |
Housing Distribution
Address Breakdown
Residential
318
Single Family
267
Multi-Family
51
Businesses
23
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Amy Rogers • BROKERS 12, INC.
Mls Name: Minot MLS
Mls ID: #251572