102 Maplewood DrGwinnerND58040
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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
Rental property for sale in Gwinner at 102 Maplewood Dr, Gwinner, ND, 58040 priced at $309,900 converts $1,982/mo rent into $6/mo cash flow after a $1,517/mo obligation. Total monthly income equals $1,982/mo, and annual cash flow totals $73/yr on $102,732 invested. Return on cash invested prints 19.98% in year one, and rental yield reads 7.67% against a $309,900 entry. Equity gained on principal adds $2,000/yr, while 5% annual appreciation compiles into $85,620 by year five. Five-year ROI reaches 103.49% and total cumulative return in cash sums $106,320. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,982/mo property income covering a $1,517/mo payment, not borrower’s personal income.
Single Family
Built in 1978
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58040, Gwinner, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 532 (100%) |
| Owner Occupied HU | 320 (60.2%) |
| Renter Occupied HU | 159 (29.9%) |
| Vacant Housing Units | 53 ( 10.0%) |
| Median Home Value | $210,870 |
| Average Home Value | $212,414 |
Housing Distribution
Address Breakdown
Residential
307
Single Family
218
Multi-Family
89
Businesses
40
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