114 6th Ave SEMayvilleND58257
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 Mayville at 114 6th Ave SE, Mayville, ND, 58257 earns from $780/mo rent with a $979/mo payment. Total monthly income totals $780/mo. ROI tracks 11.99% on current figures, and rental yield reads 4.68% at a $200,000 purchase. Equity gained on principal adds $1,291/yr, and 5% annual appreciation supports $55,256 over five years. Five-year ROI reaches 60.28% and total cumulative return in cash sums $39,968. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $780/mo property income instead of your personal income.
Single Family
Built in 1951
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58257, Mayville, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,017 (100%) |
| Owner Occupied HU | 520 (51.1%) |
| Renter Occupied HU | 335 (32.9%) |
| Vacant Housing Units | 162 (15.9%) |
| Median Home Value | $220,779 |
| Average Home Value | $248,596 |
Housing Distribution
Address Breakdown
Residential
973
Single Family
777
Multi-Family
196
Businesses
98
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Brittin Callina • Accurate REI
Mls Name: GFBMLS
Mls Provider:
Mls ID: #25-241
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.