511 Jessamine AveAnetaND58212
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeNot flashy, but dependably profitable, 511 Jessamine Ave, Aneta, ND, 58212 in Aneta is listed at $214,000 and delivers $1,681/mo in rent and $379/mo in net monthly cash flow. The 9.43% yield and 1.75 DSCR provide the underwriting comfort Ziffy Mortgage needs to approve a DSCR loan without W-2 or tax-return documentation. Projected 5% annual appreciation adds $59,124 over five years, and $1,971/yr in principal reduction supplements cash return. Total projected cumulative return: $105,432.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 9.4% | 6.2% |
| Monthly Cash Flow | $379 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,681 |
| Total Monthly Debt Service | $1,217 |
| DSCR Ratio | 1.38x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
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
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
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Alison M Kasowski • Ivy Real Estate Group
Mls Name: Great North MLS
Mls ID: #4020666