5501 30th St NWMinotND58703
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
Investment Highlights
Investment property for sale in Minot at 5501 30th St NW, Minot, ND, 58703 earns $212/mo cash flow from $1,733/mo rent with a $1,223/mo payment. Total monthly income totals $1,733/mo, and annual cash flow totals $2,546/yr on $82,842 capital. ROI tracks 22.98% on current figures, and rental yield reads 8.32% at a $249,900 purchase. Equity gained on principal adds $1,613/yr, and 5% annual appreciation supports $69,043 over five years. Five-year ROI reaches 119.23% and total cumulative return in cash sums $98,774. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,733/mo property income instead of your personal income.
Single Family
Built in 1910
11.64 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58703, Minot, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,997 (100%) |
| Owner Occupied HU | 5,572 (50.7%) |
| Renter Occupied HU | 4,334 (39.4%) |
| Vacant Housing Units | 1,091 ( 9.9%) |
| Median Home Value | $273,420 |
| Average Home Value | $302,825 |
Housing Distribution
Address Breakdown
Residential
10,636
Single Family
9,819
Multi-Family
817
Businesses
425
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Listed by: Lynne Reisenauer • KW Inspire Realty
Mls Name: Minot MLS
Mls ID: #251435