9408 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
Investment property for sale in Cavalier at 9408 Highway 18, Cavalier, ND, 58220 earns from $1,440/mo rent with a $2,447/mo payment. Total monthly income totals $1,440/mo. ROI tracks 8.3% on current figures, and rental yield reads 3.46% at a $499,900 purchase. Equity gained on principal adds $3,226/yr, and 5% annual appreciation supports $138,113 over five years. Five-year ROI reaches 40.49% and total cumulative return in cash sums $67,092. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,440/mo property income instead of your personal income.
Single Family
Built in 1958
12.30 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
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Listed by: Wally Rodgers • Greenberg Realty
Mls Name: GFBMLS
Mls Provider:
Mls ID: #25-519
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.