905 Surrey AveSurreyND58785
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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 Surrey at 905 Surrey Ave, Surrey, ND, 58785 generates $2,750/mo in rent, after a $2,442/mo payment. Total monthly income is $2,750/mo. Return on cash invested sits at 17.83% in year one, and rental yield is 6.61% on a $499,000 entry. Equity gained on principal adds $3,220/yr, while 5% annual appreciation builds toward $137,865 over five years. Five-year ROI reaches 91.57% and total cumulative return in cash sums $151,470. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,750/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
0.26 Acres 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: TRACY DACHS • Century 21 Morrison Realty
Mls Name: Minot MLS
Mls Provider:
Mls ID: #251766
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