630 6th Ave NEMcCluskyND58463
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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 McClusky at 630 6th Ave NE, McClusky, ND, 58463 offers a 8.03% rental yield on a $225,000 purchase with $1,506/mo rent. Total monthly income registers $1,506/mo, and a $1,101/mo payment leaves $137/mo available for distribution. Annual cash flow reaches $1,642/yr on $74,588 to close, and return on cash invested stands at 22.11% in year one. Equity gained on principal adds $1,452/yr while 5% annual appreciation supports $62,163 over five years. Portfolio math shows five-year ROI at 114.51% and total cumulative return in cash at $85,413. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,506/mo property income against a $1,101/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1915
28.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58463, Mcclusky, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 407 (100%) |
| Owner Occupied HU | 252 (61.9%) |
| Renter Occupied HU | 43 (10.6%) |
| Vacant Housing Units | 112 (27.5%) |
| Median Home Value | $163,000 |
| Average Home Value | $203,264 |
Housing Distribution
Address Breakdown
Residential
162
Single Family
162
Multi-Family
0
Businesses
40
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Listed by: MARY OHLHAUSER • CENTURY 21 Morrison Realty
Mls Name: Great North MLS
Mls ID: #4022093