709 Blaine St NColfaxND58018
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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 Colfax at 709 Blaine St N, Colfax, ND, 58018 earns from $2,725/mo rent with a $2,227/mo payment. Total monthly income totals $2,725/mo. ROI tracks 19.56% on current figures, and rental yield reads 7.19% at a $455,000 purchase. Equity gained on principal adds $2,936/yr, and 5% annual appreciation supports $125,708 over five years. Five-year ROI reaches 100.81% and total cumulative return in cash sums $152,056. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,725/mo property income instead of your personal income.
Single Family
Built in 2023
0.75 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58018, Colfax, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 159 (100%) |
| Owner Occupied HU | 132 (83.0%) |
| Renter Occupied HU | 13 ( 8.2%) |
| Vacant Housing Units | 14 ( 8.8%) |
| Median Home Value | $247,619 |
| Average Home Value | $276,117 |
Housing Distribution
Address Breakdown
Residential
95
Single Family
95
Multi-Family
0
Businesses
16
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Listed by: Nancy Kelly • Nancy Kelly Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6674664