899 Eagle AveReynoldsND58275
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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 Reynolds at 899 Eagle Ave, Reynolds, ND, 58275 offers a 4.62% rental yield on a $569,900 purchase with $2,194/mo rent. 91% in year one. Equity gained on principal adds $3,677/yr while 5% annual appreciation supports $157,453 over five years. Portfolio math shows five-year ROI at 59.75% and total cumulative return in cash at $112,038. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,194/mo property income against a $2,789/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1928
12.13 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58275, Reynolds, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 329 (100%) |
| Owner Occupied HU | 276 (83.9%) |
| Renter Occupied HU | 24 ( 7.3%) |
| Vacant Housing Units | 29 ( 8.8%) |
| Median Home Value | $352,222 |
| Average Home Value | $377,781 |
Housing Distribution
Address Breakdown
Residential
242
Single Family
242
Multi-Family
0
Businesses
14
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Listed by: Adam Helgeson • Berkshire Hathaway Homeservices Family Rea
Mls Name: GFBMLS
Mls Provider:
Mls ID: #25-572
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