412 6th Ave SWSurreyND58785
Nearby investment properties with comparable rents
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
Investment Highlights
Investment property for sale in Surrey at 412 6th Ave SW, Surrey, ND, 58785 listed at $425,900 pairs $3,076/mo rent with a $2,085/mo payment to leave $483/mo cash flow. Total monthly income runs $3,076/mo, and annual cash flow reaches $5,802/yr on $141,186 cash to close. Return on cash invested measures 24.02% in year one, and rental yield registers 8.67% at a $425,900 basis. Equity gained on principal adds $2,748/yr, and annual property appreciation at 5% supports $117,668 by year five. Five-year ROI tracks 124.75% and total cumulative return in cash totals $176,135. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,076/mo property income relative to a $2,085/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2022
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58785, Surrey, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 581 (100%) |
| Owner Occupied HU | 479 (82.4%) |
| Renter Occupied HU | 53 ( 9.1%) |
| Vacant Housing Units | 49 ( 8.4%) |
| Median Home Value | $324,408 |
| Average Home Value | $328,450 |
Housing Distribution
Address Breakdown
Residential
369
Single Family
369
Multi-Family
0
Businesses
17
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: MICKY VENABLE • eXp Realty
Mls Name: Minot MLS
Mls ID: #260101