505 1st Ave SWSurreyND58785
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
Investment property for sale in Surrey at 505 1st Ave SW, Surrey, ND, 58785 at $225,000 posts ROI 13.65% with from $980/mo rent. Total monthly income equals $980/mo. Return on cash invested measures 13.65% and rental yield reads 5.23% at the current $225,000. Equity gained on principal adds $1,452/yr, and 5% annual appreciation supports $62,163 by year five. Five-year ROI prints 69.14% and total cumulative return in cash totals $51,573. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $980/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1972
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58785, Surrey, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 581 (100%) |
| Owner Occupied HU | 479 (82.4%) |
| Renter Occupied HU | 53 ( 9.1%) |
| Vacant Housing Units | 49 ( 8.4%) |
| Median Home Value | $324,408 |
| Average Home Value | $328,450 |
Housing Distribution
Address Breakdown
Residential
369
Single Family
369
Multi-Family
0
Businesses
17
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Listed by: Betsy Trudell • SIGNAL REALTY
Mls Name: Minot MLS
Mls Provider:
Mls ID: #250580
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