1003 Lohstreter RdMandanND58554
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Mandan at 1003 Lohstreter Rd, Mandan, ND, 58554 uses $169,435 cash to close to unlock $10,383/yr annual cash flow and $865/mo monthly cash flow. Total monthly income runs $4,000/mo, and a $2,521/mo payment keeps the spread at $865/mo. Purchase price stands at $515,000, and rental yield measures 9.32% with $4,000/mo rent. Return on cash invested shows 26.19% in year one, and 5% annual appreciation builds toward $142,285 over five years. Five-year ROI reaches 136.36% and total cumulative return in cash records $231,049. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,000/mo property income covering a $2,521/mo payment rather than investor’s personal income.
Single Family
Built in 1994
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58554, Mandan, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,523 (100%) |
| Owner Occupied HU | 8,722 (64.5%) |
| Renter Occupied HU | 3,813 (28.2%) |
| Vacant Housing Units | 988 ( 7.3%) |
| Median Home Value | $291,251 |
| Average Home Value | $350,900 |
Housing Distribution
Address Breakdown
Residential
12,769
Single Family
11,187
Multi-Family
1,582
Businesses
892
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: JenaDee Schmidt • Paramount Real Estate
Mls Name: Great North MLS
Mls ID: #4023256