412 Valley AveBurlingtonND58722
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
Rental property for sale in Burlington at 412 Valley Ave, Burlington, ND, 58722 priced at $244,900 pairs $2,147/mo rent with $656/mo cash flow after a $1,199/mo payment. Total monthly income equals $2,147/mo, and annual cash flow comes to $7,874/yr on $81,184 invested. Return on cash invested is 29.61% in year one, and rental yield stands at 10.52% on a $244,900 basis. Equity gained on principal adds $1,580/yr, and 5% annual appreciation accumulates to $67,661 by year five. Five-year ROI measures 154.76% and total cumulative return in cash reaches $125,645. For financing, Ziffy Mortgage’s DSCR program evaluates $2,147/mo property income against a $1,199/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1975
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58722, Burlington, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 780 (100%) |
| Owner Occupied HU | 525 (67.3%) |
| Renter Occupied HU | 163 (20.9%) |
| Vacant Housing Units | 92 (11.8%) |
| Median Home Value | $237,987 |
| Average Home Value | $300,148 |
Housing Distribution
Address Breakdown
Residential
631
Single Family
585
Multi-Family
46
Businesses
51
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Listed by: JEREMY BOYCE • Signature Properties, Inc.
Mls Name: Minot MLS
Mls ID: #251533