120 Lindsey CtMapletonND58059
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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 Mapleton at 120 Lindsey Ct, Mapleton, ND, 58059 generates $4,366/mo in rent, after a $4,234/mo payment. Total monthly income is $4,366/mo. Return on cash invested sits at 16.27% in year one, and rental yield is 6.06% on a $864,995 entry. Equity gained on principal adds $5,582/yr, while 5% annual appreciation builds toward $238,982 over five years. Five-year ROI reaches 83.17% and total cumulative return in cash sums $236,689. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,366/mo property income rather than buyer’s personal income.
Single Family
Built in 2013
0.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58059, Mapleton, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 691 (100%) |
| Owner Occupied HU | 627 (90.7%) |
| Renter Occupied HU | 40 ( 5.8%) |
| Vacant Housing Units | 24 ( 3.5%) |
| Median Home Value | $445,619 |
| Average Home Value | $456,196 |
Housing Distribution
Address Breakdown
Residential
560
Single Family
560
Multi-Family
0
Businesses
34
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Listed by: Jamie R Swenson • Park Co., REALTORS
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6784787