7770 Highway 18WyndmereND58081
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 Wyndmere at 7770 Highway 18, Wyndmere, ND, 58081 listed at $555,000 pairs $3,790/mo rent with a $2,716/mo payment to leave $413/mo cash flow. Total monthly income runs $3,790/mo, and annual cash flow reaches $4,951/yr on $182,595 cash to close. Return on cash invested measures 22.77% in year one, and rental yield registers 8.19% at a $555,000 basis. Equity gained on principal adds $3,581/yr, and annual property appreciation at 5% supports $153,336 by year five. Five-year ROI tracks 118.03% and total cumulative return in cash totals $215,516. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,790/mo property income relative to a $2,716/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1999
10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58081, Wyndmere, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 382 (100%) |
| Owner Occupied HU | 300 (78.5%) |
| Renter Occupied HU | 44 (11.5%) |
| Vacant Housing Units | 38 ( 9.9%) |
| Median Home Value | $187,037 |
| Average Home Value | $221,225 |
Housing Distribution
Address Breakdown
Residential
311
Single Family
311
Multi-Family
0
Businesses
40
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Listed by: Jim Rentfrow • REAL (405 FGO)
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6789532