Schult Ramsey 207 Plan, Minot North DakotaMinotND58701
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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 Minot at Schult Ramsey 207 Plan, Minot North Dakota, Minot, ND, 58701 offers $959/mo rent that, after a $607/mo payment, leaves $204/mo cash flow. Total monthly income is $959/mo, and annual cash flow is $2,451/yr on $41,106 cash. Return on cash invested measures 25.87% in year one, and rental yield stands at 9.28% at a $124,000 entry. Equity gained on principal adds $800/yr while 5% annual appreciation compounds into $34,259 by year five. Five-year ROI records 134.76% and total cumulative return in cash reaches $55,395. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $959/mo property income versus a $607/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58701, Minot, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,808 (100%) |
| Owner Occupied HU | 8,272 (52.3%) |
| Renter Occupied HU | 5,812 (36.8%) |
| Vacant Housing Units | 1,724 (10.9%) |
| Median Home Value | $289,702 |
| Average Home Value | $320,771 |
Housing Distribution
Address Breakdown
Residential
15,462
Single Family
12,730
Multi-Family
2,732
Businesses
1,327
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Listed by: N/A • Liechty Homes
Mls Name: Liechty Homes
Mls ID: #N/A