310 Durango DrBurlingtonND58722
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid, durable, and financeable, 310 Durango Dr, Burlington, ND, 58722 in Burlington earns a 9.61% gross yield at $260,000. Rent of $2,083/mo nets $501/mo after the $1,169/mo mortgage. The 1.78 DSCR signals clean DSCR underwriting through Ziffy Mortgage, with no personal income verification required. Five-year value growth of $71,833 and $2,395/yr in equity accumulation project a total cumulative return of $130,725.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 9.6% | 6.2% |
| Monthly Cash Flow | $501 | $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 | $2,083 |
| Total Monthly Debt Service | $1,479 |
| DSCR Ratio | 1.41x |
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 1983
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58722, Burlington, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 780 (100%) |
| Owner Occupied HU | 525 (67.3%) |
| Renter Occupied HU | 163 (20.9%) |
| Vacant Housing Units | 92 (11.8%) |
| Median Home Value | $237,987 |
| Average Home Value | $300,148 |
Housing Distribution
Address Breakdown
Residential
631
Single Family
585
Multi-Family
46
Businesses
51
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
Single Family
Built in 1983
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58722, Burlington, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 780 (100%) |
| Owner Occupied HU | 525 (67.3%) |
| Renter Occupied HU | 163 (20.9%) |
| Vacant Housing Units | 92 (11.8%) |
| Median Home Value | $237,987 |
| Average Home Value | $300,148 |
Housing Distribution
Address Breakdown
Residential
631
Single Family
585
Multi-Family
46
Businesses
51
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Karlee King • SIGNAL REALTY
Mls Name: Minot MLS
Mls Provider:
Mls ID: #251299
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