916 7th StManvelND58256
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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 Manvel at 916 7th St, Manvel, ND, 58256 offers a 0% rental yield on a $260,000 purchase with $0/mo rent. 13% in year one. Equity gained on principal adds $1,678/yr while 5% annual appreciation supports $71,833 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $1,273/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58256, Manvel, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 371 (100%) |
| Owner Occupied HU | 318 (85.7%) |
| Renter Occupied HU | 32 ( 8.6%) |
| Vacant Housing Units | 21 ( 5.7%) |
| Median Home Value | $227,612 |
| Average Home Value | $252,484 |
Housing Distribution
Address Breakdown
Residential
283
Single Family
283
Multi-Family
0
Businesses
26
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Listed by: Cindy Jo Adams • Greenberg Realty
Mls Name: GFBMLS
Mls ID: #25-1503