605 Klein AveSurreyND58785
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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 Surrey at 605 Klein Ave, Surrey, ND, 58785 with 5% annual appreciation on a $267,000 basis while $2,027/mo rent supports operations. Total monthly income totals $2,027/mo and a $1,307/mo payment preserves $402/mo for cash returns. Annual cash flow comes to $4,822/yr on $88,511 deployed, and return on cash invested reaches 25.36% in year one. Equity gained on principal adds $1,723/yr, and five-year appreciation sums $73,767 alongside rental yield of 9.11%. Five-year ROI measures 131.91% and total cumulative return in cash totals $116,755.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,027/mo property income versus a $1,307/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2013
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58785, Surrey, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 581 (100%) |
| Owner Occupied HU | 479 (82.4%) |
| Renter Occupied HU | 53 ( 9.1%) |
| Vacant Housing Units | 49 ( 8.4%) |
| Median Home Value | $324,408 |
| Average Home Value | $328,450 |
Housing Distribution
Address Breakdown
Residential
369
Single Family
369
Multi-Family
0
Businesses
17
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Listed by: Tracy Lynne • SIGNAL REALTY
Mls Name: Minot MLS
Mls ID: #251594