5555 167th Ave SEWalcott TownshipND58051
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
Rental property for sale in Walcott Township at 5555 167th Ave SE, Walcott Township, ND, 58051 generates $1,458/mo in rent, after a $2,325/mo payment. Total monthly income is $1,458/mo. Return on cash invested sits at 8.99% in year one, and rental yield is 3.68% on a $475,000 entry. Equity gained on principal adds $3,065/yr, while 5% annual appreciation builds toward $131,234 over five years. Five-year ROI reaches 44.14% and total cumulative return in cash sums $69,499. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,458/mo property income rather than buyer’s personal income.
Single Family
Built in 1950
8.64 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kyle Olson • KW Inspire Realty Keller Williams
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6734571