716A 3rd Ave SERugbyND58368
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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 Rugby at 716A 3rd Ave SE, Rugby, ND, 58368 priced at $399,000 pairs $1,074/mo rent with after a $1,953/mo payment. Total monthly income equals $1,074/mo. Return on cash invested is 7.62% in year one, and rental yield stands at 3.23% on a $399,000 basis. Equity gained on principal adds $2,575/yr, and 5% annual appreciation accumulates to $110,236 by year five. Five-year ROI measures 36.82% and total cumulative return in cash reaches $48,698. For financing, Ziffy Mortgage’s DSCR program evaluates $1,074/mo property income against a $1,953/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 2010
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58368, Rugby, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,792 (100%) |
| Owner Occupied HU | 1,203 (67.1%) |
| Renter Occupied HU | 295 (16.5%) |
| Vacant Housing Units | 294 (16.4%) |
| Median Home Value | $179,241 |
| Average Home Value | $223,128 |
Housing Distribution
Address Breakdown
Residential
1,653
Single Family
1,500
Multi-Family
153
Businesses
233
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Listed by: Michael Houim • BROKERS 12, INC.
Mls Name: Minot MLS
Mls Provider:
Mls ID: #250221
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