8261 71st St SEEdgeleyND58433
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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
Rental property for sale in Edgeley at 8261 71st St SE, Edgeley, ND, 58433 generates $1,686/mo in rent, after a $1,810/mo payment. Total monthly income is $1,686/mo. Return on cash invested sits at 14.38% in year one, and rental yield is 5.47% on a $369,900 entry. Equity gained on principal adds $2,387/yr, while 5% annual appreciation builds toward $102,197 over five years. Five-year ROI reaches 73.09% and total cumulative return in cash sums $89,626. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,686/mo property income rather than buyer’s personal income.
Single Family
Built in 1950
10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58433, Edgeley, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 527 (100%) |
| Owner Occupied HU | 378 (71.7%) |
| Renter Occupied HU | 79 (15.0%) |
| Vacant Housing Units | 70 (13.3%) |
| Median Home Value | $156,061 |
| Average Home Value | $205,245 |
Housing Distribution
Address Breakdown
Residential
325
Single Family
325
Multi-Family
0
Businesses
58
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Listed by: Michael J Janke • Century 21 Morrison Realty
Mls Name: Great North MLS
Mls ID: #4021852