307 Dakota Ave · Mott, ND 58646

$67,500

4 bd · 1.0 ba · 1,496 sqft · SingleFamily public records · 19 Days on market

Built 1935 0.25 ac lot

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Why this score? — see what drove the B grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• Appreciation +5.0/10.0
• Schools +3.3/10.0
• Livability +3.2/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks MLS

Affordable 4 bed bungalow in Marvelous Mott. New water heater 4/2021. New roof and furnace in the last 8 years. Garage has shop space.

Key facts

• Practical mudroom
• Spacious lot
• 0.25 acre lot

Tags

• SPACIOUS LOT
• BRIGHT FOUR-SEASON PORCH
• PRACTICAL MUDROOM
• DECK WITH PERGOLA FRAME

Property features AI

Exterior

• Parking: Attached garage with 2 spaces
• Utilities: Public sewer
• Home design: Single-family residence; One story
• Construction: Foundation: see remarks
• Exterior features: Lot approximately 0.25 acres; Lot dimensions approximately 60 x 183; Low density residential zoning

Interior

• Kitchen: Dishwasher
• Bedrooms: Total rooms: 11
• Bathrooms: 1 full bathroom
• Heating & cooling: Forced air heating; Central cooling
• Interior features: Window coverings; Unfinished basement; Basement present
• Laundry & utility: Washer; Dryer

What this means for you Summary

Snapshot

• This is a 4-bed/1.0-bath single-family listed at $68k.

Deal economics

• At list price, monthly cash flow is $702 ($8k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $68k).
• Recommended offer: $66k (1.5% below list) — sets the bar for market timing.

Location & tenants

• Location reads 64/100 on livability (#213 in ND) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: crime C-, employment C-, health & safety D+.
• Mott-Regent 1 (rural): math 30% / reading 40% proficiency, ranked #132 of 169 in ND (top 78%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 4 active listings in the ZIP.

Forward outlook

• In year one you build about $2k of equity ($467 loan paydown + $2k appreciation (3.0% local appreciation)).
• Hettinger County population projected at +68% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (3.0% appreciation + 3.0% rent growth), your $19k cash investment doubles in ~2 years — after that, you're playing with house money.

Negotiation context

• It's been on market 19 days — a 2% lower offer ($66k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 5y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
• Current owner paid $32k; list at $68k implies a 111% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1935 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $66,487 (1.5% below list)

Questions for the listing agent

1. Built in 1935 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
4. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
5. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
6. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 2.08% ✓
• Cap rate: 18.77%
• Cash-on-cash: 44.55%
• DSCR: 2.98
• GRM: 4.0

CMA / ARV

• ARV (on-the-fly): $34,408
• Comps found: 1

Show comp detail 1 sale within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
601 Minnesota Ave	0.63mi	3/1.5 (-1)	1,680 (+12%)	14mo	$38,550	$23	32

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

3.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 49.9%
• Equity multiple: 3.79×
• Total profit: $52,810
• Equity at exit: $30,351

10-year hold

• IRR: 49.5%
• Equity multiple: 7.63×
• Total profit: $125,350
• Equity at exit: $46,774

Cash invested: $18,900 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 82 Strongly Landlord-Friendly
• State North Dakota: 82 Strongly Landlord-Friendly · R+20
• County: — inherits STATE
• City: — inherits STATE

3-day notice; landlord-friendly.

Methodology + full state rankings →

ZIP-level market 58646

• Active inventory: 4
• Price-to-rent: 4.0×

Monthly cashflow live

• Estimated rent: $1,403 medium
• Mortgage (P&I): −$354
• Tax from tax record: −$25 /mo · $296/yr
• Insurance: −$28
• HOA: −$0
• Vacancy / Maint / Mgmt: −$295
• Net cashflow: $702

Break-even live

Break-even rent $515

Max offer price $67,500

Occupancy floor 45%

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $16,875
• Closing costs: $2,025
• Reserves months: —
• Total cash needed: —

Listing history 14 events

1. 2026-06-18
   days on market $67,500 Active 19 DOM
2. 2026-06-17
   days on market $67,500 Active 18 DOM
3. 2026-06-16
   days on market $67,500 Active 17 DOM
4. 2026-06-15
   days on market $67,500 Active 16 DOM
5. 2026-06-13
   days on market $67,500 Active 14 DOM
6. 2026-06-12
   days on market $67,500 Active 13 DOM
7. 2026-06-09
   days on market $67,500 Active 10 DOM
8. 2026-06-08
   days on market $67,500 Active 9 DOM
9. 2026-06-07
   days on market $67,500 Active 8 DOM
10. 2026-06-05
    days on market $67,500 Active 6 DOM
11. 2026-06-04
    days on market $67,500 Active 4 DOM
12. 2026-06-02
    days on market $67,500 Active 3 DOM
13. 2026-06-01
    days on market $67,500 Active 2 DOM
14. 2026-05-31
    listed $67,500 Active 1 DOM

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast ND · Resets to sale price

• Current annual tax: $296 · $25/mo
• Projected year-2 tax: $662 · $55/mo
• Expected delta: +$365/yr (+$30/mo · 123.2%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Taxation est. · year 1

• Rental income: $16,839
• − Mortgage interest: −$3,781
• − Property taxes: −$296
• − Insurance: −$338
• − Repairs & maintenance: −$1,347
• − Management: −$1,347
• − Depreciation: −$1,964
• Taxable income: $7,766
• Est. tax owed @ 24.0%: −$1,864
• After-tax cash flow: $6,557/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Mott-Regent 1
• NCES district ID: 3800046
• Math proficiency: 30% ▬ 0.00%
• Reading proficiency: 40% ▼ -5.00%
• Median HH income: $47,167
• Composite: 32.69/100
• National rank: #10788
• State rank: #132 of 169 in ND

Livability — Mott

• Score: 64/100
• State rank: #213
• US rank: #14750

Category grades

Amenities F Commute F Cost of living A+ Crime C- Employment C- Housing A+ Health & safety D+ User ratings F

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Mott, ND
• Population (ZIP): 1,107

Population outlook (Hettinger County) Hauer SSP2

• Today (2025): 3,198 people
• By 2030: 3,515 · +9.9%
• By 2040: 4,334 · +35.5%
• By 2050: 5,386 · +68.4%
• By 2075: 8,765 · +174.1%
• By 2100: 11,627 · +263.6%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (98%)
• Race & ethnicity: White 98% Two or more races 1% Native American 1%
• Common ancestry: Portuguese 15% Scotch-Irish 5% Lithuanian 3%
• Foreign-born: 0%
• Languages at home: 97% English-only · German/W. Germanic 2%

Political lean MEDSL · Hettinger

• 2024 margin: Solid R (+69.3) · D 14.8% · R 84.2% · Other 1.0%
• 2008→2024 swing: -33.2pp toward R · 2008: -36.1pp · 2024: -69.3pp
• All cycles: 2024: R+69.3 2020: R+68.2 2016: R+68.5 2012: R+50.7 2008: R+36.1

Not yet ingested

• Civics: —

Market trends

• HPI YoY: —
• Current HPI: —
• Rent YoY: —
• Metro: —
• State GDP YoY: ▲ 2.09%
• F500 in state: 2

Industry mix (Fortune 500 HQ in ND)

Industry	F500 HQs	Revenue
▸Utilities / Construction	1	$6B

Price history

+321.9% since first listed

7 events — show timeline

• 2026-05-30 Listed $67,500 Badlands BOR MLS
• 2023-09-06 Delisted — Badlands BOR MLS
• 2022-03-11 Sold (Public Records) $32,000 Public Records
• 2022-03-10 Sold (MLS) — GNMLS
• 2022-01-20 Listed $32,000 GNMLS
• 2021-12-21 Sold (Public Records) $16,000 Public Records
• 2021-11-10 Listed $16,000 Badlands BOR MLS

Property tax history

-1.7%/yr

Latest (2025): $296 · +225.7% YoY. Source: county tax records.