6722 County Road 15 W #WMinotND58703
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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 Minot at 6722 County Road 15 W #W, Minot, ND, 58703 offers a 5.3% rental yield on a $320,000 purchase with $1,414/mo rent. 33% in year one. Equity gained on principal adds $2,065/yr while 5% annual appreciation supports $88,410 over five years. Portfolio math shows five-year ROI at 57.64% and total cumulative return in cash at $61,143. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,414/mo property income against a $1,566/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1977
0.37 Acres lot
$N/A/sqft
$225 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58703, Minot, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,997 (100%) |
| Owner Occupied HU | 5,572 (50.7%) |
| Renter Occupied HU | 4,334 (39.4%) |
| Vacant Housing Units | 1,091 ( 9.9%) |
| Median Home Value | $273,420 |
| Average Home Value | $302,825 |
Housing Distribution
Address Breakdown
Residential
10,636
Single Family
9,819
Multi-Family
817
Businesses
425
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Listed by: Jennifer Cook • REAL
Mls Name: Great North MLS
Mls ID: #4017776
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed.