7101 223rd St NESterlingND58572
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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
Rental property for sale in Sterling at 7101 223rd St NE, Sterling, ND, 58572 generates $4,339/mo in rent, after a $8,565/mo payment. Total monthly income is $4,339/mo. Return on cash invested sits at 7.01% in year one, and rental yield is 2.98% on a $1,750,000 entry. Equity gained on principal adds $11,292/yr, while 5% annual appreciation builds toward $483,493 over five years. Five-year ROI reaches 33.45% and total cumulative return in cash sums $189,645. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,339/mo property income rather than buyer’s personal income.
Single Family
Built in 2022
40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58572, Sterling, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 175 (100%) |
| Owner Occupied HU | 127 (72.6%) |
| Renter Occupied HU | 17 ( 9.7%) |
| Vacant Housing Units | 31 (17.7%) |
| Median Home Value | $460,577 |
| Average Home Value | $515,433 |
Housing Distribution
Address Breakdown
Residential
152
Single Family
152
Multi-Family
0
Businesses
17
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Listed by: Kelsi Hach • Rafter Real Estate
Mls Name: Great North MLS
Mls ID: #4020753