405 Thayer AveAnetaND58212
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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 Aneta at 405 Thayer Ave, Aneta, ND, 58212 generates $916/mo in rent and, after a $587/mo payment, leaves $184/mo in cash flow. Total monthly income is $916/mo, and annual cash flow is $2,203/yr on $39,780 invested. Return on cash invested sits at 25.45% in year one, and rental yield is 9.16% on a $120,000 entry. Equity gained on principal adds $774/yr, while 5% annual appreciation builds toward $33,154 over five years. Five-year ROI reaches 132.48% and total cumulative return in cash sums $52,699. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $916/mo property income rather than buyer’s personal income.
Single Family
Built in 1959
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58212, Aneta, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 256 (100%) |
| Owner Occupied HU | 175 (68.4%) |
| Renter Occupied HU | 27 (10.5%) |
| Vacant Housing Units | 54 (21.1%) |
| Median Home Value | $135,577 |
| Average Home Value | $200,943 |
Housing Distribution
Address Breakdown
Residential
158
Single Family
148
Multi-Family
10
Businesses
15
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Listed by: N/A • N/A
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