FOR_SALERisky Deal15 days on market

4700 38th St SE

4700 38th St SE, Minot, ND 58701, Minot, ND 58701
$797,000
Zestimate®:$755,400

Listing Price

Property image 1
4700 38th St SE, Minot, ND 58701
Loc: Minot, ND
Days Listed
15
Tax Assessed
$556k
Zestimate®
$755k
Market Rate
Lot Size
1.60 acres
Rent Estimate
$3,855/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.

6

John Hoeven Elementary School

PK-5
1.8 mi away
5

Jim Hill Middle School

6-8
3.9 mi away
6

Minot High School

9-12
4.1 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
3.75%
Total ROI
8.4%
Cash Flow
$-1,542/mo
DSCR
0.62
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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
2026-09-05Listed for sale$797,000$153
2026-09-03Listing removed$819,500$157
2026-07-13Price change$819,500$157
2026-06-04Listed for sale$849,500$163
2026-04-21Listing removed$895,000$172
2026-03-29Price change$895,000$172
2026-02-27Listed for sale$920,000$177
2023-09-18Sold$0
2023-07-09Pending sale$690,000$132
2023-06-18Contingent$690,000$132
2023-06-16Listed for sale$690,000$132

Tax History

YearProperty TaxTax Assessment
2025$0$556,000
2024$5,141.17$527,000
2023$4,527.04$470,000
2022$4,765.76$484,000
2021$4,309.54$505,000
2020$4,208.13$491,000
2019$4,390.41$240,000
2018$4,317.14$221,900
2017$4,263.01$221,900
2016$3,509.44$221,900
2015$3,342.17$221,900
2014$3,342.17$217,500
2013$0$199,500
2012$0$173,500
2011$0$166,800
2010$0$161,900
2009$3,147.85$149,900
2008$3,680.08$139,100
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
4
Baths
3
Sq Ft
5,211
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: $797,000Rent Basis: Observed Comp Model ($3,855/mo)State Tax Benchmark: 1% (ND)Hazard Reserve: $232/mo
Haven ScoreRisky
0/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
3.42%

NOI: $27,276/yr

Cash-on-Cash Yield
-12.2%

On $183,310 invested

DSCR Ratio
0.55x

Negative debt coverage

5-Yr Leveraged ROI
+33.2%

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)-$463/mo
Homeowner / Hazard Insurance-$232/mo
Vacancy Reserve (5% of rent)-$193/mo
Repairs & Maintenance (10% of rent)-$386/mo
Property Management (8% of rent)-$308/mo
Total Pure Operating Expenses-$1,582/mo
Net Investor Cash Flow
Gross Scheduled Rent+$3,855/mo
Less: Operating Expenses-$1,582/mo
Net Operating Income (NOI)+$2,273/mo
Less: Debt Service (30yr @ 6.75%)-$4,135/mo
Net Cash Flow
$-1,862/mo
$-22,349/year
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4700 38th St SE | Minot, ND | Haven AI Analysis | Haven by ScoutHavens