723 5th St NEMinotND58703
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
Investment property for sale in Minot at 723 5th St NE, Minot, ND, 58703 at $211,900 posts ROI 32.14% with $716/mo cash flow from $2,038/mo rent. Total monthly income equals $2,038/mo, and annual cash flow records $8,594/yr on $70,245 to close. Return on cash invested measures 32.14% and rental yield reads 11.54% at the current $211,900. Equity gained on principal adds $1,367/yr, and 5% annual appreciation supports $58,544 by year five. Five-year ROI prints 168.58% and total cumulative return in cash totals $118,416.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,038/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1910
7,013 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: Delrae Zimmerman • BROKERS 12, INC.
Mls Name: Minot MLS
Mls Provider:
Mls ID: #250300
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