870 36th Ave NWColeharborND58531
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
Total monthly income runs $2,969/mo, and a $3,426/mo payment. Purchase price stands at $699,900, and rental yield measures 5.09% with $2,969/mo rent. Return on cash invested shows 13.33% in year one, and 5% annual appreciation builds toward $193,369 over five years. Five-year ROI reaches 67.4% and total cumulative return in cash records $155,192. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,969/mo property income covering a $3,426/mo payment rather than investor’s personal income.
Single Family
Built in 2009
2.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58531, Coleharbor, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 371 (100%) |
| Owner Occupied HU | 168 (45.3%) |
| Renter Occupied HU | 28 ( 7.5%) |
| Vacant Housing Units | 175 (47.2%) |
| Median Home Value | $332,558 |
| Average Home Value | $429,360 |
Housing Distribution
Address Breakdown
Residential
192
Single Family
192
Multi-Family
0
Businesses
7
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Carter P Berger • Realty One Group - Encore
Mls Name: Great North MLS
Mls ID: #4022850