4073 Guthrie RdDrakeND58736
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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 Drake at 4073 Guthrie Rd, Drake, ND, 58736 priced at $289,000 converts $1,958/mo rent into $199/mo cash flow after a $1,415/mo obligation. Total monthly income equals $1,958/mo, and annual cash flow totals $2,383/yr on $95,804 invested. Return on cash invested prints 22.4% in year one, and rental yield reads 8.13% against a $289,000 entry. Equity gained on principal adds $1,865/yr, while 5% annual appreciation compiles into $79,845 by year five. Five-year ROI reaches 116.06% and total cumulative return in cash sums $111,194. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,958/mo property income covering a $1,415/mo payment, not borrower’s personal income.
Single Family
Built in 1908
88.25 Acres lot
$N/A/sqft
No HOA
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Listed by: Penny Belgarde • Century 21 Morrison Realty
Mls Name: Minot MLS
Mls Provider:
Mls ID: #250569
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