9588 143rd Ave NECavalierND58220
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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 9588 143rd Ave NE, Cavalier, ND, 58220 offers a 11.21% rental yield on a $225,000 purchase with $2,102/mo rent. Total monthly income registers $2,102/mo, and a $1,101/mo payment leaves $733/mo available for distribution. Annual cash flow reaches $8,794/yr on $74,588 to close, and return on cash invested stands at 31.7% in year one. Equity gained on principal adds $1,452/yr while 5% annual appreciation supports $62,163 over five years. Portfolio math shows five-year ROI at 165.95% and total cumulative return in cash at $123,777. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,102/mo property income against a $1,101/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1964
5 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: Sara Hinkle • Watson Real Estate
Mls Name: GFBMLS
Mls Provider:
Mls ID: #24-1518
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.