3750 Pendleton DrGrand ForksND58201
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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 Grand Forks at 3750 Pendleton Dr, Grand Forks, ND, 58201 earns $106/mo cash flow from $2,314/mo rent with a $1,713/mo payment. Total monthly income totals $2,314/mo, and annual cash flow totals $1,274/yr on $115,992 capital. ROI tracks 21.01% on current figures, and rental yield reads 7.94% at a $349,900 purchase. Equity gained on principal adds $2,258/yr, and 5% annual appreciation supports $96,671 over five years. Five-year ROI reaches 108.92% and total cumulative return in cash sums $126,342. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,314/mo property income instead of your personal income.
Single Family
Built in 2006
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58201, Grand Forks, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,143 (100%) |
| Owner Occupied HU | 9,538 (45.1%) |
| Renter Occupied HU | 10,113 (47.8%) |
| Vacant Housing Units | 1,492 ( 7.1%) |
| Median Home Value | $312,291 |
| Average Home Value | $369,772 |
Housing Distribution
Address Breakdown
Residential
20,432
Single Family
11,507
Multi-Family
8,925
Businesses
1,190
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Listed by: Tim R Bernhardt • Crary Real Estate
Mls Name: GFBMLS
Mls Provider:
Mls ID: #25-395
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.