15204 4th St NEMayvilleND58257
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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
Investment property for sale in Mayville at 15204 4th St NE, Mayville, ND, 58257 earns $276/mo cash flow from $2,093/mo rent with a $1,461/mo payment. Total monthly income totals $2,093/mo, and annual cash flow totals $3,315/yr on $98,953 capital. ROI tracks 23.26% on current figures, and rental yield reads 8.41% at a $298,500 purchase. Equity gained on principal adds $1,926/yr, and 5% annual appreciation supports $82,470 over five years. Five-year ROI reaches 120.71% and total cumulative return in cash sums $119,445. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,093/mo property income instead of your personal income.
Single Family
Built in 1938
5.03 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
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Listed by: Terry Klabo • Viking Insurance & Realty
Mls Name: GFBMLS
Mls Provider:
Mls ID: #25-385
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.