2121 Sundancer Loop SE UNIT 3MandanND58554
INVESTMENT ANALYSIS
Investment Verdict
Appreciation Play2121 Sundancer Loop SE UNIT 3, Mandan, ND, 58554 in Mandan is priced for appreciation, not yield. Rental yield 5.74%. At $245,900 with a 5.74% gross yield, the monthly income is modest, but 5% annual price growth is projected to add $67,938 in value over five years, making equity the primary return driver. Ziffy Mortgage's DSCR mortgage (1.06) can still finance this property for non-U.S. residents; a 30–35% down payment typically produces the cleanest underwriting for appreciation-focused assets. Total projected cumulative return: $57,551.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.7% | 6.0% |
| Monthly Cash Flow | $(569) | $300 |
City averages based on Mandan market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,177 |
| Total Monthly Debt Service | $1,649 |
| DSCR Ratio | 0.71x |
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.
Condo
Built in 2005
0.32 Acres lot
$N/A/sqft
$250 monthly 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
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
Condo
Built in 2005
0.32 Acres lot
$N/A/sqft
$250 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: GAIL FLOM • NEXTHOME LEGENDARY PROPERTIES
Mls Name: Great North MLS
Mls ID: #4021141
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. The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed.