3885 5th Ave NEBalfourND58712
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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 Balfour at 3885 5th Ave NE, Balfour, ND, 58712 generates $0/mo in rent, after a $612/mo payment. Total monthly income is $0/mo. Return on cash invested sits at -2.13% in year one, and rental yield is 0% on a $125,000 entry. Equity gained on principal adds $807/yr, while 5% annual appreciation builds toward $34,535 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $0/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
14 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58712, Balfour, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 61 (100%) |
| Owner Occupied HU | 42 (68.9%) |
| Renter Occupied HU | 8 (13.1%) |
| Vacant Housing Units | 11 (18.0%) |
| Median Home Value | $66,000 |
| Average Home Value | $105,119 |
Housing Distribution
Address Breakdown
Residential
63
Single Family
63
Multi-Family
0
Businesses
2
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No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Michelle Swang • Vorland Land Company
Mls Name: My State MLS
Mls ID: #11478073