440 1st St NWStanleyND58784
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 Stanley at 440 1st St NW, Stanley, ND, 58784 priced at $355,000 pairs $2,479/mo rent with $318/mo cash flow after a $1,738/mo payment. Total monthly income equals $2,479/mo, and annual cash flow comes to $3,816/yr on $117,683 invested. Return on cash invested is 23.15% in year one, and rental yield stands at 8.38% on a $355,000 basis. Equity gained on principal adds $2,291/yr, and 5% annual appreciation accumulates to $98,080 by year five. Five-year ROI measures 120.1% and total cumulative return in cash reaches $141,336. For financing, Ziffy Mortgage’s DSCR program evaluates $2,479/mo property income against a $1,738/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2011
8,058 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58784, Stanley, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,602 (100%) |
| Owner Occupied HU | 788 (49.2%) |
| Renter Occupied HU | 439 (27.4%) |
| Vacant Housing Units | 375 (23.4%) |
| Median Home Value | $262,912 |
| Average Home Value | $296,754 |
Housing Distribution
Address Breakdown
Residential
920
Single Family
822
Multi-Family
98
Businesses
150
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Listed by: Tiffanie Finstrom • Real
Mls Name: Minot MLS
Mls ID: #250706