7 Shirley CtMinotND58703
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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 7 Shirley Ct, Minot, ND, 58703 with 5% annual appreciation on a $205,900 basis while $1,471/mo rent supports operations. Total monthly income totals $1,471/mo and a $1,008/mo payment preserves $218/mo for cash returns. Annual cash flow comes to $2,612/yr on $68,256 deployed, and return on cash invested reaches 23.74% in year one. Equity gained on principal adds $1,329/yr, and five-year appreciation sums $56,886 alongside rental yield of 8.57%. Five-year ROI measures 123.24% and total cumulative return in cash totals $84,120.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,471/mo property income versus a $1,008/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1927
4,791 sqft lot
$N/A/sqft
No 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: Erica Alstad • BROKERS 12, INC.
Mls Name: Minot MLS
Mls ID: #251546