211 4th Ave NEMandanND58554
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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 Mandan at 211 4th Ave NE, Mandan, ND, 58554 listed at $232,900 pairs $1,580/mo rent with a $1,140/mo payment to leave $162/mo cash flow. Total monthly income runs $1,580/mo, and annual cash flow reaches $1,950/yr on $77,206 cash to close. Return on cash invested measures 22.43% in year one, and rental yield registers 8.14% at a $232,900 basis. Equity gained on principal adds $1,503/yr, and annual property appreciation at 5% supports $64,346 by year five. Five-year ROI tracks 116.28% and total cumulative return in cash totals $89,777. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,580/mo property income relative to a $1,140/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1913
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58554, Mandan, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,523 (100%) |
| Owner Occupied HU | 8,722 (64.5%) |
| Renter Occupied HU | 3,813 (28.2%) |
| Vacant Housing Units | 988 ( 7.3%) |
| Median Home Value | $291,251 |
| Average Home Value | $350,900 |
Housing Distribution
Address Breakdown
Residential
12,769
Single Family
11,187
Multi-Family
1,582
Businesses
892
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Listed by: Pamela K Schafer • BIANCO REALTY, INC.
Mls Name: Great North MLS
Mls ID: #4022184