405 1st Ave NWMohallND58761
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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 Mohall at 405 1st Ave NW, Mohall, ND, 58761 listed at $199,000 pairs $1,860/mo rent with a $974/mo payment to leave $649/mo cash flow. Total monthly income runs $1,860/mo, and annual cash flow reaches $7,786/yr on $65,969 cash to close. Return on cash invested measures 31.71% in year one, and rental yield registers 11.22% at a $199,000 basis. Equity gained on principal adds $1,284/yr, and annual property appreciation at 5% supports $54,980 by year five. Five-year ROI tracks 165.98% and total cumulative return in cash totals $109,494. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,860/mo property income relative to a $974/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1910
7,013 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58761, Mohall, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 572 (100%) |
| Owner Occupied HU | 352 (61.5%) |
| Renter Occupied HU | 91 (15.9%) |
| Vacant Housing Units | 129 (22.6%) |
| Median Home Value | $166,304 |
| Average Home Value | $187,997 |
Housing Distribution
Address Breakdown
Residential
129
Single Family
129
Multi-Family
0
Businesses
72
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Listed by: Betsy Trudell • SIGNAL REALTY
Mls Name: Minot MLS
Mls ID: #251528