424 4th Ave NEBertholdND58718
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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 Berthold at 424 4th Ave NE, Berthold, ND, 58718 listed at $199,900 pairs $1,172/mo rent with a $978/mo payment. Total monthly income runs $1,172/mo. Return on cash invested measures 19.11% in year one, and rental yield registers 7.04% at a $199,900 basis. Equity gained on principal adds $1,290/yr, and annual property appreciation at 5% supports $55,229 by year five. Five-year ROI tracks 98.4% and total cumulative return in cash totals $65,209. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,172/mo property income relative to a $978/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1977
0.69 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58718, Berthold, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 490 (100%) |
| Owner Occupied HU | 359 (73.3%) |
| Renter Occupied HU | 59 (12.0%) |
| Vacant Housing Units | 72 (14.7%) |
| Median Home Value | $249,537 |
| Average Home Value | $256,024 |
Housing Distribution
Address Breakdown
Residential
311
Single Family
311
Multi-Family
0
Businesses
40
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Listed by: Lynne Reisenauer • KW Inspire Realty
Mls Name: Minot MLS
Mls ID: #251748