816 Soo StMinotND58701
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 816 Soo St, Minot, ND, 58701 with 5% annual appreciation on a $184,900 basis while $1,540/mo rent supports operations. Total monthly income totals $1,540/mo and a $905/mo payment preserves $415/mo for cash returns. Annual cash flow comes to $4,976/yr on $61,294 deployed, and return on cash invested reaches 28.03% in year one. Equity gained on principal adds $1,193/yr, and five-year appreciation sums $51,084 alongside rental yield of 9.99%. Five-year ROI measures 146.26% and total cumulative return in cash totals $89,647.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,540/mo property income versus a $905/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1955
7,492 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58701, Minot, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,808 (100%) |
| Owner Occupied HU | 8,272 (52.3%) |
| Renter Occupied HU | 5,812 (36.8%) |
| Vacant Housing Units | 1,724 (10.9%) |
| Median Home Value | $289,702 |
| Average Home Value | $320,771 |
Housing Distribution
Address Breakdown
Residential
15,462
Single Family
12,730
Multi-Family
2,732
Businesses
1,327
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Robbie Opperude • KW Inspire Realty
Mls Name: Minot MLS
Mls ID: #260093