149 Pine AveMapletonND58059
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
Rental property for sale in Mapleton at 149 Pine Ave, Mapleton, ND, 58059 offers $2,509/mo rent that, after a $1,419/mo payment, leaves $745/mo cash flow. Total monthly income is $2,509/mo, and annual cash flow is $8,934/yr on $96,102 cash. Return on cash invested measures 29.21% in year one, and rental yield stands at 10.39% at a $289,900 entry. Equity gained on principal adds $1,871/yr while 5% annual appreciation compounds into $80,094 by year five. Five-year ROI records 152.58% and total cumulative return in cash reaches $146,637. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,509/mo property income versus a $1,419/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2021
3,920 sqft 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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Nearby investment properties with comparable prices
Listed by: Brandon Raboin • Raboin Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6811080