635 20th St NEThompsonND58278
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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
Total monthly income runs $2,984/mo, and a $5,629/mo payment. Purchase price stands at $1,150,000, and rental yield measures 3.11% with $2,984/mo rent. Return on cash invested shows 7.44% in year one, and 5% annual appreciation builds toward $317,724 over five years. Five-year ROI reaches 35.73% and total cumulative return in cash records $133,125. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,984/mo property income covering a $5,629/mo payment rather than investor’s personal income.
Single Family
Built in 1994
19 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58278, Thompson, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 785 (100%) |
| Owner Occupied HU | 703 (89.6%) |
| Renter Occupied HU | 56 ( 7.1%) |
| Vacant Housing Units | 26 ( 3.3%) |
| Median Home Value | $376,115 |
| Average Home Value | $415,725 |
Housing Distribution
Address Breakdown
Residential
740
Single Family
740
Multi-Family
0
Businesses
40
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Listed by: Christopher Leigh • Vision Realty
Mls Name: GFBMLS
Mls ID: #25-1452