FOR_SALERisky Deal16 days on market

318 8th Ave SE

318 8th Ave SE, Minot, ND 58701, Minot, ND 58701
$574,900
Zestimate®:$525,400

Listing Price

Property image 1
318 8th Ave SE, Minot, ND 58701
Loc: Minot, ND
Days Listed
16
Tax Assessed
$414k
Zestimate®
$525k
Market Rate
Lot Size
0.56 acres
Rent Estimate
$2,764/mo
Est. Cash Flow base
Type
single family

More Than Just a Property

We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.

4.9
Safety Score
A+
Schools

Nearby Schools

Educational options and performance ratings in the area.

7

Washington Elementary School

PK-5
0.9 mi away
5

Jim Hill Middle School

6-8
0.7 mi away
6

Minot High School

9-12
1 mi away

Property Overview

A stunning investment opportunity in a prime location. This property features modern amenities, spacious living areas, and strong rental potential.

Features & Amenities

Open Floor PlanHardwood FloorsModern KitchenStainless Steel AppliancesCentral Heat/AirLarge BackyardParkingNear Transit

Haven AI Verdict

Recommendation
Pending...
Confidence Score: 0/10
Exercise caution due to potential market volatility.
Cap Rate
4.40%
Total ROI
11.7%
Cash Flow
$-800/mo
DSCR
0.72
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Data provided by Haven AI. Disclaimer

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10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-07-16Listed for sale$574,900$90
2026-07-14Listing removed$599,900$93
2026-06-02Price change$599,900$93
2026-04-01Price change$619,900$97
2026-02-25Listed for sale$639,900$100
2026-02-24Listing removed$649,900$101
2025-07-15Listed for sale$649,900$101

Tax History

YearProperty TaxTax Assessment
2025$0$414,000
2024$5,887.93$403,000
2023$5,717.23$366,000
2022$0$344,000
2021$3,182.17$222,000
2019$3,343.24$0
2018$3,419.78$108,000
2017$3,826.09$131,000
2016$3,237.17$144,500
2015$3,835.44$144,500
2014$3,835.44$148,500
2013$0$156,800
2012$0$130,750
2011$0$125,400
2010$0$125,500
2009$3,786.8$120,000
2008$4,159.2$109,700
2007$0$106,700
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
4
Baths
4
Sq Ft
6,422
Institutional Underwriting Ledger

Investment Numbers & Operating Model

Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.

Data Sources:MLS List Price: $574,900Rent Basis: Observed Comp Model ($2,764/mo)State Tax Benchmark: 1% (ND)Hazard Reserve: $168/mo
Haven ScoreRisky
0/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
3.37%

NOI: $19,383/yr

Cash-on-Cash Yield
-12.4%

On $132,227 invested

DSCR Ratio
0.54x

Negative debt coverage

5-Yr Leveraged ROI
+32.1%

Equity + cumulative cash

Financing Scenario Controls
Adjust down payment & rates to model your personalized return

Monthly Cash Flow Breakdown

Monthly Operating Deductions
Property Taxes (1% of basis)-$345/mo
Homeowner / Hazard Insurance-$168/mo
Vacancy Reserve (5% of rent)-$138/mo
Repairs & Maintenance (10% of rent)-$276/mo
Property Management (8% of rent)-$221/mo
Total Pure Operating Expenses-$1,149/mo
Net Investor Cash Flow
Gross Scheduled Rent+$2,764/mo
Less: Operating Expenses-$1,149/mo
Net Operating Income (NOI)+$1,615/mo
Less: Debt Service (30yr @ 6.75%)-$2,983/mo
Net Cash Flow
$-1,368/mo
$-16,413/year
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