501 6th Ave NEMohallND58761
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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 Mohall at 501 6th Ave NE, Mohall, ND, 58761 generates $2,195/mo in rent and, after a $1,272/mo payment, leaves $613/mo in cash flow. Total monthly income is $2,195/mo, and annual cash flow is $7,359/yr on $86,157 invested. Return on cash invested sits at 28.45% in year one, and rental yield is 10.13% on a $259,900 entry. Equity gained on principal adds $1,677/yr, while 5% annual appreciation builds toward $71,806 over five years. Five-year ROI reaches 148.55% and total cumulative return in cash sums $127,990. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,195/mo property income rather than buyer’s personal income.
Manufactured
Built in 2010
0.78 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58761, Mohall, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 572 (100%) |
| Owner Occupied HU | 352 (61.5%) |
| Renter Occupied HU | 91 (15.9%) |
| Vacant Housing Units | 129 (22.6%) |
| Median Home Value | $166,304 |
| Average Home Value | $187,997 |
Housing Distribution
Address Breakdown
Residential
129
Single Family
129
Multi-Family
0
Businesses
72
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Listed by: Betsy Trudell • SIGNAL REALTY
Mls Name: Minot MLS
Mls Provider:
Mls ID: #251434
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