778 Ashley Ln NEThompsonND58278
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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 Thompson at 778 Ashley Ln NE, Thompson, ND, 58278 with 5% annual appreciation on a $620,000 basis while $0/mo rent supports operations. 14% in year one. Equity gained on principal adds $4,001/yr, and five-year appreciation sums $171,295 alongside rental yield of 0%. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $0/mo property income versus a $3,035/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2001
2.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58278, Thompson, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 785 (100%) |
| Owner Occupied HU | 703 (89.6%) |
| Renter Occupied HU | 56 ( 7.1%) |
| Vacant Housing Units | 26 ( 3.3%) |
| Median Home Value | $376,115 |
| Average Home Value | $415,725 |
Housing Distribution
Address Breakdown
Residential
740
Single Family
740
Multi-Family
0
Businesses
40
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No similar rental properties found nearby.
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Listed by: David Nord • Accurate REI
Mls Name: GFBMLS
Mls ID: #26-19