223 6th Ave NEJamestownND58401
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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 Jamestown at 223 6th Ave NE, Jamestown, ND, 58401 earns $218/mo cash flow from $948/mo rent with a $587/mo payment. Total monthly income totals $948/mo, and annual cash flow totals $2,617/yr on $39,747 capital. ROI tracks 26.49% on current figures, and rental yield reads 9.49% at a $119,900 purchase. Equity gained on principal adds $774/yr, and 5% annual appreciation supports $33,126 over five years. Five-year ROI reaches 138.15% and total cumulative return in cash sums $54,912. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $948/mo property income instead of your personal income.
Single Family
Built in 1930
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58401, Jamestown, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,804 (100%) |
| Owner Occupied HU | 4,829 (54.9%) |
| Renter Occupied HU | 2,943 (33.4%) |
| Vacant Housing Units | 1,032 (11.7%) |
| Median Home Value | $213,110 |
| Average Home Value | $239,046 |
Housing Distribution
Address Breakdown
Residential
8,180
Single Family
6,198
Multi-Family
1,982
Businesses
624
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Listed by: Michael R Gergen • Keller Williams Inspire Realty
Mls Name: Great North MLS
Mls ID: #4021100