582 3rd AveLansfordND58750
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 582 3rd Ave, Lansford, ND, 58750 in Lansford. At $176,000 it earns $1,315/mo in rent and distributes $244/mo to the owner after the $791/mo payment, a consistent 8.97% yield. DSCR 1.66 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $48,626 in value; $1,621/yr in principal paydown compounds ownership stake. Total projected return: $82,418.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 9% | 6.2% |
| Monthly Cash Flow | $244 | $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 | $1,315 |
| Total Monthly Debt Service | $1,001 |
| DSCR Ratio | 1.31x |
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 1920
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58750, Lansford, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 255 (100%) |
| Owner Occupied HU | 168 (65.9%) |
| Renter Occupied HU | 31 (12.2%) |
| Vacant Housing Units | 56 (22.0%) |
| Median Home Value | $226,042 |
| Average Home Value | $253,051 |
Housing Distribution
Address Breakdown
Residential
146
Single Family
142
Multi-Family
4
Businesses
14
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 1920
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58750, Lansford, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 255 (100%) |
| Owner Occupied HU | 168 (65.9%) |
| Renter Occupied HU | 31 (12.2%) |
| Vacant Housing Units | 56 (22.0%) |
| Median Home Value | $226,042 |
| Average Home Value | $253,051 |
Housing Distribution
Address Breakdown
Residential
146
Single Family
142
Multi-Family
4
Businesses
14
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sarah Kropp • Maven Real Estate
Mls Name: Minot MLS
Mls ID: #251375