40001 392nd St NEWingND58494
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingReliable and efficiently structured, 40001 392nd St NE, Wing, ND, 58494 in Wing is a conservative rental investment at $724,900. Rental yield 6.15%. A 1.08 coverage ratio meets Ziffy Mortgage's DSCR standard for foreign-national financing. Five-year equity: 5% appreciation adds $200,277; $6,077/yr in principal paydown supplements. Total projected return: $216,076.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 6.2% | 6.2% |
| Monthly Cash Flow | $(698) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $3,714 |
| Total Monthly Debt Service | $4,300 |
| DSCR Ratio | 0.86x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.5% rate / 30-yr fixed, 25% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1967
80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58494, Wing, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 185 (100%) |
| Owner Occupied HU | 117 (63.2%) |
| Renter Occupied HU | 26 (14.1%) |
| Vacant Housing Units | 42 (22.7%) |
| Median Home Value | $128,125 |
| Average Home Value | $200,534 |
Housing Distribution
Address Breakdown
Residential
104
Single Family
104
Multi-Family
0
Businesses
13
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Great North MLS
Mls ID: #4027726
