3201 Bluestem Dr NMandanND58554
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 Mandan at 3201 Bluestem Dr N, Mandan, ND, 58554 uses $169,106 cash to close to unlock $7,470/yr annual cash flow and $622/mo monthly cash flow. Total monthly income runs $3,751/mo, and a $2,516/mo payment keeps the spread at $622/mo. Purchase price stands at $514,000, and rental yield measures 8.76% with $3,751/mo rent. Return on cash invested shows 24.48% in year one, and 5% annual appreciation builds toward $142,009 over five years. Five-year ROI reaches 127.18% and total cumulative return in cash records $215,063. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,751/mo property income covering a $2,516/mo payment rather than investor’s personal income.
Single Family
Built in 1998
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58554, Mandan, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,523 (100%) |
| Owner Occupied HU | 8,722 (64.5%) |
| Renter Occupied HU | 3,813 (28.2%) |
| Vacant Housing Units | 988 ( 7.3%) |
| Median Home Value | $291,251 |
| Average Home Value | $350,900 |
Housing Distribution
Address Breakdown
Residential
12,769
Single Family
11,187
Multi-Family
1,582
Businesses
892
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: NextHome
Mls Provider:
Mls ID: #4020173