6769 Samuel DrHoraceND58047
Nearby investment properties with comparable rents
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
Rental property for sale in Horace at 6769 Samuel Dr, Horace, ND, 58047 priced at $382,075 pairs $2,434/mo rent with $109/mo cash flow after a $1,870/mo payment. Total monthly income equals $2,434/mo, and annual cash flow comes to $1,304/yr on $126,658 invested. Return on cash invested is 20.94% in year one, and rental yield stands at 7.64% on a $382,075 basis. Equity gained on principal adds $2,465/yr, and 5% annual appreciation accumulates to $105,560 by year five. Five-year ROI measures 108.23% and total cumulative return in cash reaches $137,080. For financing, Ziffy Mortgage’s DSCR program evaluates $2,434/mo property income against a $1,870/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2025
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58047, Horace, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,417 (100%) |
| Owner Occupied HU | 2,024 (83.7%) |
| Renter Occupied HU | 153 ( 6.3%) |
| Vacant Housing Units | 240 ( 9.9%) |
| Median Home Value | $468,689 |
| Average Home Value | $542,473 |
Housing Distribution
Address Breakdown
Residential
2,136
Single Family
2,130
Multi-Family
6
Businesses
137
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Listed by: Lucas D Gunkelman • REAL (405 FGO)
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6689893