6010 8th Ave NGranvilleND58741
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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
Investment property for sale in Granville at 6010 8th Ave N, Granville, ND, 58741 offers a 5.49% rental yield on a $289,900 purchase with $1,327/mo rent. 45% in year one. Equity gained on principal adds $1,871/yr while 5% annual appreciation supports $80,094 over five years. Portfolio math shows five-year ROI at 73.43% and total cumulative return in cash at $70,569. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,327/mo property income against a $1,419/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1996
10.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58741, Granville, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 289 (100%) |
| Owner Occupied HU | 218 (75.4%) |
| Renter Occupied HU | 23 ( 8.0%) |
| Vacant Housing Units | 48 (16.6%) |
| Median Home Value | $143,182 |
| Average Home Value | $227,649 |
Housing Distribution
Address Breakdown
Residential
179
Single Family
179
Multi-Family
0
Businesses
16
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Listed by: Rachel Gaddie • BROKERS 12, INC.
Mls Name: Minot MLS
Mls Provider:
Mls ID: #251247
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