132 River StGladstoneND58630
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 Gladstone at 132 River St, Gladstone, ND, 58630 at $130,000 posts ROI 26.18% with $225/mo cash flow from $1,016/mo rent. Total monthly income equals $1,016/mo, and annual cash flow records $2,701/yr on $43,095 to close. Return on cash invested measures 26.18% and rental yield reads 9.38% at the current $130,000. Equity gained on principal adds $839/yr, and 5% annual appreciation supports $35,917 by year five. Five-year ROI prints 136.42% and total cumulative return in cash totals $58,791.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,016/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Manufactured
Built in 2013
6,534 sqft 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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Nearby investment properties with comparable prices
Listed by: Lenee Bookhardt • The Real Estate Company
Mls Name: Badlands BOR
Mls ID: #25-1224