1013 Main StreetGladstoneND58630
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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
Investment property for sale in Gladstone at 1013 Main Street, Gladstone, ND, 58630 listed at $520,000 pairs $2,494/mo rent with a $2,545/mo payment. Total monthly income runs $2,494/mo. Return on cash invested measures 15.36% in year one, and rental yield registers 5.76% at a $520,000 basis. Equity gained on principal adds $3,355/yr, and annual property appreciation at 5% supports $143,666 by year five. Five-year ROI tracks 78.27% and total cumulative return in cash totals $133,907. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,494/mo property income relative to a $2,545/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 2014
0.76 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58630, Gladstone, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 281 (100%) |
| Owner Occupied HU | 216 (76.9%) |
| Renter Occupied HU | 27 ( 9.6%) |
| Vacant Housing Units | 38 (13.5%) |
| Median Home Value | $475,862 |
| Average Home Value | $467,743 |
Housing Distribution
Address Breakdown
Residential
156
Single Family
156
Multi-Family
0
Businesses
10
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Listed by: N/A • N/A
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