905 Adams AveHarveyND58341
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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
Rental property for sale in Harvey at 905 Adams Ave, Harvey, ND, 58341 priced at $120,000 pairs $1,040/mo rent with $282/mo cash flow after a $587/mo payment. Total monthly income equals $1,040/mo, and annual cash flow comes to $3,389/yr on $39,780 invested. Return on cash invested is 28.43% in year one, and rental yield stands at 10.4% on a $120,000 basis. Equity gained on principal adds $774/yr, and 5% annual appreciation accumulates to $33,154 by year five. Five-year ROI measures 148.74% and total cumulative return in cash reaches $59,167. For financing, Ziffy Mortgage’s DSCR program evaluates $1,040/mo property income against a $587/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58341, Harvey, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,392 (100%) |
| Owner Occupied HU | 828 (59.5%) |
| Renter Occupied HU | 249 (17.9%) |
| Vacant Housing Units | 315 (22.6%) |
| Median Home Value | $172,143 |
| Average Home Value | $228,089 |
Housing Distribution
Address Breakdown
Residential
1,163
Single Family
1,026
Multi-Family
137
Businesses
154
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Listed by: Natalie Hase • Hase Realty LLC
Mls Name: My State MLS
Mls ID: #11469296