9153 58th Ave NEPerthND58363
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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 Perth at 9153 58th Ave NE, Perth, ND, 58363 offers a 7.67% rental yield on a $325,000 purchase with $2,078/mo rent. Total monthly income registers $2,078/mo, and a $1,591/mo payment leaves $100/mo available for distribution. Annual cash flow reaches $1,197/yr on $107,738 to close, and return on cash invested stands at 21.02% in year one. Equity gained on principal adds $2,097/yr while 5% annual appreciation supports $89,792 over five years. Portfolio math shows five-year ROI at 108.68% and total cumulative return in cash at $117,085. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,078/mo property income against a $1,591/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2012
1.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58363, Perth, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 36 (100%) |
| Owner Occupied HU | 25 (69.4%) |
| Renter Occupied HU | 4 (11.1%) |
| Vacant Housing Units | 7 (19.4%) |
| Median Home Value | $112,500 |
| Average Home Value | $183,700 |
Housing Distribution
Address Breakdown
Residential
37
Single Family
37
Multi-Family
0
Businesses
2
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Listed by: Diane Schwandt • Cahill Realty & Appraisal
Mls Name: My State MLS
Mls ID: #11541101