512 Iowa AveMottND58646
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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 Mott at 512 Iowa Ave, Mott, ND, 58646 generates $0/mo in rent, after a $1,101/mo payment. Total monthly income is $0/mo. Return on cash invested sits at -2.12% in year one, and rental yield is 0% on a $225,000 entry. Equity gained on principal adds $1,452/yr, while 5% annual appreciation builds toward $62,163 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $0/mo property income rather than buyer’s personal income.
Single Family
Built in 1957
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58646, Mott, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 694 (100%) |
| Owner Occupied HU | 420 (60.5%) |
| Renter Occupied HU | 88 (12.7%) |
| Vacant Housing Units | 186 (26.8%) |
| Median Home Value | $122,222 |
| Average Home Value | $172,702 |
Housing Distribution
Address Breakdown
Residential
430
Single Family
413
Multi-Family
17
Businesses
63
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Kathy A Schneider • Better Homes and Gardens Real Estate Alliance Group
Mls Name: Great North MLS
Mls ID: #4017729
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed.