508 1st Ave SEScrantonND58653
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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
Total monthly income runs $0/mo, and a $1,439/mo payment. Purchase price stands at $294,000, and rental yield measures 0% with $0/mo rent. Return on cash invested shows -2.12% in year one, and 5% annual appreciation builds toward $81,227 over five years. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $0/mo property income covering a $1,439/mo payment rather than investor’s personal income.
Single Family
Built in 1986
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58653, Scranton, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 297 (100%) |
| Owner Occupied HU | 191 (64.3%) |
| Renter Occupied HU | 47 (15.8%) |
| Vacant Housing Units | 59 (19.9%) |
| Median Home Value | $263,750 |
| Average Home Value | $316,296 |
Housing Distribution
Address Breakdown
Residential
207
Single Family
200
Multi-Family
7
Businesses
15
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Listed by: Alison Pierce • Pifer's Auction & Realty
Mls Name: My State MLS
Mls ID: #11530866