511 Jessamine AveAnetaND58212
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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 Aneta at 511 Jessamine Ave, Aneta, ND, 58212 generates $1,681/mo in rent and, after a $1,047/mo payment, leaves $379/mo in cash flow. Total monthly income is $1,681/mo, and annual cash flow is $4,548/yr on $70,941 invested. Return on cash invested sits at 26.32% in year one, and rental yield is 9.43% on a $214,000 entry. Equity gained on principal adds $1,381/yr, while 5% annual appreciation builds toward $59,124 over five years. Five-year ROI reaches 137.08% and total cumulative return in cash sums $97,247. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,681/mo property income rather than buyer’s personal income.
Single Family
Built in 2012
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58212, Aneta, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 256 (100%) |
| Owner Occupied HU | 175 (68.4%) |
| Renter Occupied HU | 27 (10.5%) |
| Vacant Housing Units | 54 (21.1%) |
| Median Home Value | $135,577 |
| Average Home Value | $200,943 |
Housing Distribution
Address Breakdown
Residential
158
Single Family
148
Multi-Family
10
Businesses
15
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Listed by: Alison M Kasowski • Ivy Real Estate Group
Mls Name: Great North MLS
Mls ID: #4020666