218 Jefferson Ave NYpsilantiND58497
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 218 Jefferson Ave N, Ypsilanti, ND, 58497 in Ypsilanti speaks for itself: 11.8% gross on a $172,000 price, generating $1,589/mo in rent and $645/mo in net income after the $773/mo debt service. DSCR 2.06, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $7,742 stacks alongside $47,520 in projected five-year appreciation and $1,584/yr in principal reduction. Projected total cumulative return: $100,112.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 11.8% | 6.2% |
| Monthly Cash Flow | $645 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,589 |
| Total Monthly Debt Service | $978 |
| DSCR Ratio | 1.62x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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.
Single Family
Built in 1934
1.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58497, Ypsilanti, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 148 (100%) |
| Owner Occupied HU | 127 (85.8%) |
| Renter Occupied HU | 7 ( 4.7%) |
| Vacant Housing Units | 14 ( 9.5%) |
| Median Home Value | $313,462 |
| Average Home Value | $363,484 |
Housing Distribution
Address Breakdown
Residential
110
Single Family
110
Multi-Family
0
Businesses
2
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
Single Family
Built in 1934
1.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58497, Ypsilanti, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 148 (100%) |
| Owner Occupied HU | 127 (85.8%) |
| Renter Occupied HU | 7 ( 4.7%) |
| Vacant Housing Units | 14 ( 9.5%) |
| Median Home Value | $313,462 |
| Average Home Value | $363,484 |
Housing Distribution
Address Breakdown
Residential
110
Single Family
110
Multi-Family
0
Businesses
2
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Chastity Schafer • BluFrog Realty Inc
Mls Name: Great North MLS
Mls ID: #4018831
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.