1505 5th Ave NWJamestownND58401
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderFor first-time U.S. investors or those diversifying conservatively, 1505 5th Ave NW, Jamestown, ND, 58401 in Jamestown offers a clean, manageable entry. Rental yield 7.11%. DSCR 1.23 qualifies for Ziffy Mortgage's no-W2 mortgage for non-U.S. residents. Long-term: 5% annual appreciation projects $109,407 in additional property value over five years, with $3,647/yr in principal equity building ownership stake. Total projected cumulative return: $127,576.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.1% | 5.5% |
| Monthly Cash Flow | $(194) | $250 |
City averages based on Jamestown market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,182 |
| Total Monthly Debt Service | $2,382 |
| DSCR Ratio | 0.92x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2002
3.91 Acres 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
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
Single Family
Built in 2002
3.91 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A