384 1st St SEBeachND58621
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
Investment property for sale in Beach at 384 1st St SE, Beach, ND, 58621 earns $466/mo cash flow from $1,433/mo rent with a $778/mo payment. Total monthly income totals $1,433/mo, and annual cash flow totals $5,586/yr on $52,709 capital. ROI tracks 30.51% on current figures, and rental yield reads 10.82% at a $159,000 purchase. Equity gained on principal adds $1,026/yr, and 5% annual appreciation supports $43,929 over five years. Five-year ROI reaches 159.57% and total cumulative return in cash sums $84,108. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,433/mo property income instead of your personal income.
Single Family
Built in 1920
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58621, Beach, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 656 (100%) |
| Owner Occupied HU | 412 (62.8%) |
| Renter Occupied HU | 109 (16.6%) |
| Vacant Housing Units | 135 (20.6%) |
| Median Home Value | $184,524 |
| Average Home Value | $229,102 |
Housing Distribution
Address Breakdown
Residential
125
Single Family
125
Multi-Family
0
Businesses
79
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lindsay Grantier • Century 21 Morrison Realty
Mls Name: Badlands BOR
Mls ID: #25-1233