405 4th AveMaxND58759
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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 Max at 405 4th Ave, Max, ND, 58759 generates $1,060/mo in rent and, after a $685/mo payment, leaves $208/mo in cash flow. Total monthly income is $1,060/mo, and annual cash flow is $2,499/yr on $46,377 invested. Return on cash invested sits at 25.3% in year one, and rental yield is 9.09% on a $139,900 entry. Equity gained on principal adds $903/yr, while 5% annual appreciation builds toward $38,652 over five years. Five-year ROI reaches 131.66% and total cumulative return in cash sums $61,059. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,060/mo property income rather than buyer’s personal income.
Single Family
Built in 1905
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58759, Max, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 356 (100%) |
| Owner Occupied HU | 248 (69.7%) |
| Renter Occupied HU | 32 ( 9.0%) |
| Vacant Housing Units | 76 (21.3%) |
| Median Home Value | $290,476 |
| Average Home Value | $306,593 |
Housing Distribution
Address Breakdown
Residential
215
Single Family
215
Multi-Family
0
Businesses
27
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Listed by: DELYNN WEISHAAR • BROKERS 12, INC.
Mls Name: Minot MLS
Mls ID: #251275