464 S Central Ave #SBeachND58621
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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
Rental property for sale in Beach at 464 S Central Ave #S, Beach, ND, 58621 offers $979/mo rent that, after a $1,223/mo payment. Total monthly income is $979/mo. Return on cash invested measures 12.06% in year one, and rental yield stands at 4.7% at a $249,900 entry. Equity gained on principal adds $1,613/yr while 5% annual appreciation compounds into $69,043 by year five. Five-year ROI records 60.65% and total cumulative return in cash reaches $50,246. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $979/mo property income versus a $1,223/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1963
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58621, Beach, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 656 (100%) |
| Owner Occupied HU | 412 (62.8%) |
| Renter Occupied HU | 109 (16.6%) |
| Vacant Housing Units | 135 (20.6%) |
| Median Home Value | $184,524 |
| Average Home Value | $229,102 |
Housing Distribution
Address Breakdown
Residential
125
Single Family
125
Multi-Family
0
Businesses
79
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Listed by: Bruce C Ross • Home and Land Company
Mls Name: Badlands BOR
Mls ID: #26-28