495 2nd AveNewburgND58762
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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
Investment property for sale in Newburg at 495 2nd Ave, Newburg, ND, 58762 offers a 0% rental yield on a $249,900 purchase with $0/mo rent. 12% in year one. Equity gained on principal adds $1,613/yr while 5% annual appreciation supports $69,043 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $1,223/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1978
0.78 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Lenora Stevenson • Better Homes and Gardens Real Estate Watne Group
Mls Name: Minot MLS
Mls Provider:
Mls ID: #251057
Disclaimer: The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of the MMLS, Inc. Real estate listings other than Zillow, Inc. are marked with the Broker Reciprocity logo and the view of detailed information about them includes the name of the listing broker. Zillow, Inc. does not display the entire MMLS, Inc. Broker Reciprocity database on this website. The listings of some real estate brokerage firms have been excluded. All information provided is deemed reliable but is not guaranteed and should be independently verified. No reproduction, distribution, or transmission of the information at this site is permitted without written permission from Zillow, Inc.