433 6th St NEGarrisonND58540
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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 Garrison at 433 6th St NE, Garrison, ND, 58540 listed at $180,000 pairs $1,069/mo rent with a $881/mo payment. Total monthly income runs $1,069/mo. Return on cash invested measures 19.38% in year one, and rental yield registers 7.13% at a $180,000 basis. Equity gained on principal adds $1,162/yr, and annual property appreciation at 5% supports $49,731 by year five. Five-year ROI tracks 99.88% and total cumulative return in cash totals $59,597. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,069/mo property income relative to a $881/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1971
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58540, Garrison, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,617 (100%) |
| Owner Occupied HU | 970 (60.0%) |
| Renter Occupied HU | 222 (13.7%) |
| Vacant Housing Units | 425 (26.3%) |
| Median Home Value | $305,405 |
| Average Home Value | $318,773 |
Housing Distribution
Address Breakdown
Residential
887
Single Family
852
Multi-Family
35
Businesses
131
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Listed by: KERRI ZABLOTNEY • SIGNAL REALTY
Mls Name: Minot MLS
Mls Provider:
Mls ID: #251463
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