904 Surrey AveSurreyND58785
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 Surrey at 904 Surrey Ave, Surrey, ND, 58785 offers a 9.31% rental yield on a $395,000 purchase with $3,065/mo rent. Total monthly income registers $3,065/mo, and a $1,933/mo payment leaves $650/mo available for distribution. Annual cash flow reaches $7,797/yr on $130,943 to close, and return on cash invested stands at 25.86% in year one. Equity gained on principal adds $2,549/yr while 5% annual appreciation supports $109,131 over five years. Portfolio math shows five-year ROI at 134.67% and total cumulative return in cash at $176,334. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,065/mo property income against a $1,933/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2013
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58785, Surrey, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 581 (100%) |
| Owner Occupied HU | 479 (82.4%) |
| Renter Occupied HU | 53 ( 9.1%) |
| Vacant Housing Units | 49 ( 8.4%) |
| Median Home Value | $324,408 |
| Average Home Value | $328,450 |
Housing Distribution
Address Breakdown
Residential
369
Single Family
369
Multi-Family
0
Businesses
17
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Listed by: Kerri Zablotney • SIGNAL REALTY
Mls Name: Minot MLS
Mls Provider:
Mls ID: #250643
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