321 16th 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 321 16th Ave NE, Jamestown, ND, 58401 uses $96,135 cash to close to unlock $5,105/yr annual cash flow and $425/mo monthly cash flow. Total monthly income runs $2,190/mo, and a $1,419/mo payment keeps the spread at $425/mo. Purchase price stands at $290,000, and rental yield measures 9.06% with $2,190/mo rent. Return on cash invested shows 25.22% in year one, and 5% annual appreciation builds toward $80,122 over five years. Five-year ROI reaches 131.21% and total cumulative return in cash records $126,136. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,190/mo property income covering a $1,419/mo payment rather than investor’s personal income.
Home Type Unknown
Built in 1962
N/A 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: N/A • N/A
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