5311 161st Ave SEKindredND58051
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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
Investment Highlights
Investment property for sale in Kindred at 5311 161st Ave SE, Kindred, ND, 58051 earns from $2,423/mo rent with a $3,084/mo payment. Total monthly income totals $2,423/mo. ROI tracks 11.89% on current figures, and rental yield reads 4.62% at a $630,000 purchase. Equity gained on principal adds $4,065/yr, and 5% annual appreciation supports $174,057 over five years. Five-year ROI reaches 59.67% and total cumulative return in cash sums $123,670. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,423/mo property income instead of your personal income.
Single Family
Built in 1911
6.05 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58051, Kindred, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 692 (100%) |
| Owner Occupied HU | 578 (83.5%) |
| Renter Occupied HU | 66 ( 9.5%) |
| Vacant Housing Units | 48 ( 6.9%) |
| Median Home Value | $420,765 |
| Average Home Value | $483,157 |
Housing Distribution
Address Breakdown
Residential
627
Single Family
613
Multi-Family
14
Businesses
60
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Listed by: Jamie R Swenson • Park Co., REALTORS
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6742381