413 Harvey AveHarveyND58341
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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
Investment property for sale in Harvey at 413 Harvey Ave, Harvey, ND, 58341 with 5% annual appreciation on a $209,500 basis while $1,432/mo rent supports operations. Total monthly income totals $1,432/mo and a $1,025/mo payment preserves $117/mo for cash returns. Annual cash flow comes to $1,406/yr on $69,449 deployed, and return on cash invested reaches 21.93% in year one. Equity gained on principal adds $1,352/yr, and five-year appreciation sums $57,881 alongside rental yield of 8.2%. Five-year ROI measures 113.87% and total cumulative return in cash totals $79,083.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,432/mo property income versus a $1,025/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1975
10,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58341, Harvey, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,392 (100%) |
| Owner Occupied HU | 828 (59.5%) |
| Renter Occupied HU | 249 (17.9%) |
| Vacant Housing Units | 315 (22.6%) |
| Median Home Value | $172,143 |
| Average Home Value | $228,089 |
Housing Distribution
Address Breakdown
Residential
1,163
Single Family
1,026
Multi-Family
137
Businesses
154
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Listed by: Natalie Hase • Hase Realty LLC
Mls Name: My State MLS
Mls ID: #11569651