214 Cliff StGladstoneND58630
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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 Gladstone at 214 Cliff St, Gladstone, ND, 58630 priced at $225,000 pairs $2,004/mo rent with $635/mo cash flow after a $1,101/mo payment. Total monthly income equals $2,004/mo, and annual cash flow comes to $7,618/yr on $74,588 invested. Return on cash invested is 30.12% in year one, and rental yield stands at 10.69% on a $225,000 basis. Equity gained on principal adds $1,452/yr, and 5% annual appreciation accumulates to $62,163 by year five. Five-year ROI measures 157.49% and total cumulative return in cash reaches $117,465. For financing, Ziffy Mortgage’s DSCR program evaluates $2,004/mo property income against a $1,101/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1920
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58630, Gladstone, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 281 (100%) |
| Owner Occupied HU | 216 (76.9%) |
| Renter Occupied HU | 27 ( 9.6%) |
| Vacant Housing Units | 38 (13.5%) |
| Median Home Value | $475,862 |
| Average Home Value | $467,743 |
Housing Distribution
Address Breakdown
Residential
156
Single Family
156
Multi-Family
0
Businesses
10
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Listed by: Diane Duchscher, ABR, CRS, GRI • Home and Land Company
Mls Name: Badlands BOR
Mls Provider:
Mls ID: #25-198
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