1951 Prairie Oak DrDickinsonND58601
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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 Dickinson at 1951 Prairie Oak Dr, Dickinson, ND, 58601 listed at $279,900 pairs $1,758/mo rent with a $1,370/mo payment to leave $54/mo cash flow. Total monthly income runs $1,758/mo, and annual cash flow reaches $653/yr on $92,787 cash to close. Return on cash invested measures 20.61% in year one, and rental yield registers 7.54% at a $279,900 basis. Equity gained on principal adds $1,806/yr, and annual property appreciation at 5% supports $77,331 by year five. Five-year ROI tracks 106.5% and total cumulative return in cash totals $98,821. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,758/mo property income relative to a $1,370/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1981
0.41 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: Justin Boersma • West Plains Realty
Mls Name: Badlands BOR
Mls ID: #26-12