603 3rd AveRoletteND58366
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 Rolette at 603 3rd Ave, Rolette, ND, 58366 at $129,000 posts ROI 17.92% with from $714/mo rent. Total monthly income equals $714/mo. Return on cash invested measures 17.92% and rental yield reads 6.64% at the current $129,000. Equity gained on principal adds $832/yr, and 5% annual appreciation supports $35,640 by year five. Five-year ROI prints 92.16% and total cumulative return in cash totals $39,409. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $714/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1953
7,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58366, Rolette, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 385 (100%) |
| Owner Occupied HU | 203 (52.7%) |
| Renter Occupied HU | 128 (33.2%) |
| Vacant Housing Units | 54 (14.0%) |
| Median Home Value | $176,974 |
| Average Home Value | $210,086 |
Housing Distribution
Address Breakdown
Residential
318
Single Family
267
Multi-Family
51
Businesses
23
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Diane Schwandt • Cahill Realty & Appraisal
Mls Name: My State MLS
Mls ID: #11443870