311 4th Ave WDickinsonND58601
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
Investment Highlights
Investment property for sale in Dickinson at 311 4th Ave W, Dickinson, ND, 58601 uses $104,423 cash to close to unlock $3,955/yr annual cash flow and $330/mo monthly cash flow. Total monthly income runs $2,247/mo, and a $1,542/mo payment keeps the spread at $330/mo. Purchase price stands at $315,000, and rental yield measures 8.56% with $2,247/mo rent. Return on cash invested shows 23.7% in year one, and 5% annual appreciation builds toward $87,029 over five years. Five-year ROI reaches 123.02% and total cumulative return in cash records $128,465. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,247/mo property income covering a $1,542/mo payment rather than investor’s personal income.
Single Family
Built in 1928
6,627 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58601, Dickinson, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,995 (100%) |
| Owner Occupied HU | 7,325 (52.3%) |
| Renter Occupied HU | 4,954 (35.4%) |
| Vacant Housing Units | 1,716 (12.3%) |
| Median Home Value | $293,951 |
| Average Home Value | $334,503 |
Housing Distribution
Address Breakdown
Residential
13,405
Single Family
10,987
Multi-Family
2,418
Businesses
1,060
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ninetta Wandler • RE/MAX Integrity Realty
Mls Name: Badlands BOR
Mls ID: #25-1058