310 Antelope Ave SWFormanND58032
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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 Forman at 310 Antelope Ave SW, Forman, ND, 58032 with 5% annual appreciation on a $330,000 basis while $2,206/mo rent supports operations. Total monthly income totals $2,206/mo and a $1,615/mo payment preserves $198/mo for cash returns. Annual cash flow comes to $2,373/yr on $109,395 deployed, and return on cash invested reaches 22.08% in year one. Equity gained on principal adds $2,129/yr, and five-year appreciation sums $91,173 alongside rental yield of 8.02%. Five-year ROI measures 114.33% and total cumulative return in cash totals $125,075.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,206/mo property income versus a $1,615/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Apartment
Built in 1996
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58032, Forman, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 363 (100%) |
| Owner Occupied HU | 215 (59.2%) |
| Renter Occupied HU | 87 (24.0%) |
| Vacant Housing Units | 61 (16.8%) |
| Median Home Value | $208,750 |
| Average Home Value | $249,349 |
Housing Distribution
Address Breakdown
Residential
247
Single Family
195
Multi-Family
52
Businesses
57
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Listed by: N/A • N/A
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