328 7th Ave SWSurreyND58785
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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
Rental property for sale in Surrey at 328 7th Ave SW, Surrey, ND, 58785 generates $3,030/mo in rent and, after a $2,178/mo payment, leaves $322/mo in cash flow. Total monthly income is $3,030/mo, and annual cash flow is $3,861/yr on $147,518 invested. Return on cash invested sits at 22.53% in year one, and rental yield is 8.17% on a $445,000 entry. Equity gained on principal adds $2,872/yr, while 5% annual appreciation builds toward $122,945 over five years. Five-year ROI reaches 116.74% and total cumulative return in cash sums $172,208. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,030/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58785, Surrey, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 581 (100%) |
| Owner Occupied HU | 479 (82.4%) |
| Renter Occupied HU | 53 ( 9.1%) |
| Vacant Housing Units | 49 ( 8.4%) |
| Median Home Value | $324,408 |
| Average Home Value | $328,450 |
Housing Distribution
Address Breakdown
Residential
369
Single Family
369
Multi-Family
0
Businesses
17
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Listed by: DELRAE ZIMMERMAN • BROKERS 12, INC.
Mls Name: Minot MLS
Mls ID: #260067