35 Berkeley StSurreyND58785
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 Surrey at 35 Berkeley St, Surrey, ND, 58785 offers $2,825/mo rent that, after a $2,068/mo payment, leaves $254/mo cash flow. Total monthly income is $2,825/mo, and annual cash flow is $3,042/yr on $140,059 cash. Return on cash invested measures 22.08% in year one, and rental yield stands at 8.02% at a $422,500 entry. Equity gained on principal adds $2,726/yr while 5% annual appreciation compounds into $116,729 by year five. Five-year ROI records 114.36% and total cumulative return in cash reaches $160,176. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,825/mo property income versus a $2,068/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2013
6,411 sqft 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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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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