40 3rd Ave NKindredND58051
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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 Kindred at 40 3rd Ave N, Kindred, ND, 58051 at $179,900 posts ROI 29.28% with $466/mo cash flow from $1,561/mo rent. Total monthly income equals $1,561/mo, and annual cash flow records $5,587/yr on $59,637 to close. Return on cash invested measures 29.28% and rental yield reads 10.41% at the current $179,900. Equity gained on principal adds $1,161/yr, and 5% annual appreciation supports $49,703 by year five. Five-year ROI prints 152.98% and total cumulative return in cash totals $91,233.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,561/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1900
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58051, Kindred, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 692 (100%) |
| Owner Occupied HU | 578 (83.5%) |
| Renter Occupied HU | 66 ( 9.5%) |
| Vacant Housing Units | 48 ( 6.9%) |
| Median Home Value | $420,765 |
| Average Home Value | $483,157 |
Housing Distribution
Address Breakdown
Residential
627
Single Family
613
Multi-Family
14
Businesses
60
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Listed by: Lucas D Gunkelman • REAL (405 FGO)
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6787846