317 Granly StDes LacsND58733
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 Des Lacs at 317 Granly St, Des Lacs, ND, 58733 priced at $144,900 pairs $994/mo rent with $112/mo cash flow after a $709/mo payment. Total monthly income equals $994/mo, and annual cash flow comes to $1,348/yr on $48,034 invested. Return on cash invested is 22.72% in year one, and rental yield stands at 8.23% on a $144,900 basis. Equity gained on principal adds $935/yr, and 5% annual appreciation accumulates to $40,033 by year five. Five-year ROI measures 117.84% and total cumulative return in cash reaches $56,605. For financing, Ziffy Mortgage’s DSCR program evaluates $994/mo property income against a $709/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 1998
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58733, Des Lacs, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 174 (100%) |
| Owner Occupied HU | 137 (78.7%) |
| Renter Occupied HU | 27 (15.5%) |
| Vacant Housing Units | 10 ( 5.7%) |
| Median Home Value | $262,500 |
| Average Home Value | $322,172 |
Housing Distribution
Address Breakdown
Residential
101
Single Family
101
Multi-Family
0
Businesses
5
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Delrae Zimmerman • BROKERS 12, INC.
Mls Name: Minot MLS
Mls Provider:
Mls ID: #250964
Disclaimer: The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of the MMLS, Inc. Real estate listings other than Zillow, Inc. are marked with the Broker Reciprocity logo and the view of detailed information about them includes the name of the listing broker. Zillow, Inc. does not display the entire MMLS, Inc. Broker Reciprocity database on this website. The listings of some real estate brokerage firms have been excluded. All information provided is deemed reliable but is not guaranteed and should be independently verified. No reproduction, distribution, or transmission of the information at this site is permitted without written permission from Zillow, Inc.