811 4th AveCandoND58324
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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 Cando at 811 4th Ave, Cando, ND, 58324 listed at $165,000 pairs $750/mo rent with a $808/mo payment. Total monthly income runs $750/mo. Return on cash invested measures 14.32% in year one, and rental yield registers 5.45% at a $165,000 basis. Equity gained on principal adds $1,065/yr, and annual property appreciation at 5% supports $45,586 by year five. Five-year ROI tracks 72.81% and total cumulative return in cash totals $39,827. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $750/mo property income relative to a $808/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1900
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58324, Cando, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 741 (100%) |
| Owner Occupied HU | 415 (56.0%) |
| Renter Occupied HU | 153 (20.6%) |
| Vacant Housing Units | 173 (23.3%) |
| Median Home Value | $168,056 |
| Average Home Value | $194,620 |
Housing Distribution
Address Breakdown
Residential
366
Single Family
290
Multi-Family
76
Businesses
85
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Listed by: Tanner Komrosky • Nikolaisen Land Company
Mls Name: GFBMLS
Mls Provider:
Mls ID: #25-286
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.