1118 2nd Ave NWJamestownND58401
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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 Jamestown at 1118 2nd Ave NW, Jamestown, ND, 58401 listed at $104,900 pairs $823/mo rent with a $513/mo payment to leave $185/mo cash flow. Total monthly income runs $823/mo, and annual cash flow reaches $2,220/yr on $34,774 cash to close. Return on cash invested measures 26.29% in year one, and rental yield registers 9.41% at a $104,900 basis. Equity gained on principal adds $677/yr, and annual property appreciation at 5% supports $28,982 by year five. Five-year ROI tracks 136.91% and total cumulative return in cash totals $47,610. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $823/mo property income relative to a $513/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1958
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58401, Jamestown, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,804 (100%) |
| Owner Occupied HU | 4,829 (54.9%) |
| Renter Occupied HU | 2,943 (33.4%) |
| Vacant Housing Units | 1,032 (11.7%) |
| Median Home Value | $213,110 |
| Average Home Value | $239,046 |
Housing Distribution
Address Breakdown
Residential
8,180
Single Family
6,198
Multi-Family
1,982
Businesses
624
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Listed by: Austin Bauer • Keller Williams Inspire Realty
Mls Name: Great North MLS
Mls ID: #4021535