6753 67th Ave SAbsarakaND58002
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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 Absaraka at 6753 67th Ave S, Absaraka, ND, 58002 offers a 10.06% rental yield on a $329,900 purchase with $2,766/mo rent. Total monthly income registers $2,766/mo, and a $1,615/mo payment leaves $758/mo available for distribution. Annual cash flow reaches $9,094/yr on $109,362 to close, and return on cash invested stands at 28.22% in year one. Equity gained on principal adds $2,129/yr while 5% annual appreciation supports $91,145 over five years. Portfolio math shows five-year ROI at 147.3% and total cumulative return in cash at $161,091. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,766/mo property income against a $1,615/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
5,250 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58002, Absaraka, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14 (100%) |
| Owner Occupied HU | 13 (92.9%) |
| Renter Occupied HU | 1 ( 7.1%) |
| Vacant Housing Units | 0 |
| Median Home Value | $407,143 |
| Average Home Value | $330,769 |
Housing Distribution
Address Breakdown
Residential
14
Single Family
14
Multi-Family
0
Businesses
0
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Listed by: Derek Brandenburg • eXp Realty (3788 FGO)
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6823653