9177 Highway 18CavalierND58220
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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
Rental property for sale in Cavalier at 9177 Highway 18, Cavalier, ND, 58220 generates $2,101/mo in rent, after a $1,909/mo payment. Total monthly income is $2,101/mo. Return on cash invested sits at 17.38% in year one, and rental yield is 6.46% on a $390,000 entry. Equity gained on principal adds $2,517/yr, while 5% annual appreciation builds toward $107,750 over five years. Five-year ROI reaches 89.16% and total cumulative return in cash sums $115,268. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,101/mo property income rather than buyer’s personal income.
Single Family
Built in 1976
7.14 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58220, Cavalier, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,106 (100%) |
| Owner Occupied HU | 735 (66.5%) |
| Renter Occupied HU | 226 (20.4%) |
| Vacant Housing Units | 145 (13.1%) |
| Median Home Value | $170,433 |
| Average Home Value | $199,020 |
Housing Distribution
Address Breakdown
Residential
851
Single Family
752
Multi-Family
99
Businesses
163
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
No similar price properties found nearby.
Listed by: Sara Hinkle • Watson Real Estate
Mls Name: GFBMLS
Mls ID: #25-1483