1638 3rd Ave EDickinsonND58601
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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 Dickinson at 1638 3rd Ave E, Dickinson, ND, 58601 generates $3,378/mo in rent and, after a $2,447/mo payment, leaves $335/mo in cash flow. Total monthly income is $3,378/mo, and annual cash flow is $4,023/yr on $165,717 invested. Return on cash invested sits at 22.34% in year one, and rental yield is 8.11% on a $499,900 entry. Equity gained on principal adds $3,226/yr, while 5% annual appreciation builds toward $138,113 over five years. Five-year ROI reaches 115.74% and total cumulative return in cash sums $191,796. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,378/mo property income rather than buyer’s personal income.
Single Family
Built in 2006
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58601, Dickinson, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,995 (100%) |
| Owner Occupied HU | 7,325 (52.3%) |
| Renter Occupied HU | 4,954 (35.4%) |
| Vacant Housing Units | 1,716 (12.3%) |
| Median Home Value | $293,951 |
| Average Home Value | $334,503 |
Housing Distribution
Address Breakdown
Residential
13,405
Single Family
10,987
Multi-Family
2,418
Businesses
1,060
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Listed by: Charlotte Holverson • American West Real Estate
Mls Name: Badlands BOR
Mls ID: #25-649