215 Emma CtMapletonND58059
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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 Mapleton at 215 Emma Ct, Mapleton, ND, 58059 priced at $530,000 converts $3,212/mo rent into after a $2,594/mo obligation. Total monthly income equals $3,212/mo. Return on cash invested prints 17.7% in year one, and rental yield reads 7.27% against a $530,000 entry. Equity gained on principal adds $3,420/yr, while 5% annual appreciation compiles into $146,429 by year five. Five-year ROI reaches 91.64% and total cumulative return in cash sums $159,787. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,212/mo property income covering a $2,594/mo payment, not borrower’s personal income.
Single Family
Built in 2024
9,147 sqft lot
$N/A/sqft
$330 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58059, Mapleton, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 691 (100%) |
| Owner Occupied HU | 627 (90.7%) |
| Renter Occupied HU | 40 ( 5.8%) |
| Vacant Housing Units | 24 ( 3.5%) |
| Median Home Value | $445,619 |
| Average Home Value | $456,196 |
Housing Distribution
Address Breakdown
Residential
560
Single Family
560
Multi-Family
0
Businesses
34
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Listed by: Lisa M Brown • Raboin Realty
Mls Name: FMARMLS
Mls Provider:
Mls ID: #6580845
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.