509 Clark AveHarveyND58341
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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
Investment property for sale in Harvey at 509 Clark Ave, Harvey, ND, 58341 earns $22/mo cash flow from $1,415/mo rent with a $1,120/mo payment. Total monthly income totals $1,415/mo, and annual cash flow totals $268/yr on $75,847 capital. ROI tracks 20.26% on current figures, and rental yield reads 7.42% at a $228,800 purchase. Equity gained on principal adds $1,476/yr, and 5% annual appreciation supports $63,213 over five years. Five-year ROI reaches 104.66% and total cumulative return in cash sums $79,382. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,415/mo property income instead of your personal income.
Single Family
Built in 1936
7,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58341, Harvey, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,392 (100%) |
| Owner Occupied HU | 828 (59.5%) |
| Renter Occupied HU | 249 (17.9%) |
| Vacant Housing Units | 315 (22.6%) |
| Median Home Value | $172,143 |
| Average Home Value | $228,089 |
Housing Distribution
Address Breakdown
Residential
1,163
Single Family
1,026
Multi-Family
137
Businesses
154
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Listed by: Tami Feist • F6 Realty LLC
Mls Name: My State MLS
Mls ID: #11522797