327 2nd St NWMayvilleND58257
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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 Mayville at 327 2nd St NW, Mayville, ND, 58257 at $143,000 posts ROI 26.09% with $244/mo cash flow from $1,131/mo rent. Total monthly income equals $1,131/mo, and annual cash flow records $2,931/yr on $47,405 to close. Return on cash invested measures 26.09% and rental yield reads 9.49% at the current $143,000. Equity gained on principal adds $923/yr, and 5% annual appreciation supports $39,508 by year five. Five-year ROI prints 136.12% and total cumulative return in cash totals $64,528.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,131/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1932
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58257, Mayville, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,017 (100%) |
| Owner Occupied HU | 520 (51.1%) |
| Renter Occupied HU | 335 (32.9%) |
| Vacant Housing Units | 162 (15.9%) |
| Median Home Value | $220,779 |
| Average Home Value | $248,596 |
Housing Distribution
Address Breakdown
Residential
973
Single Family
777
Multi-Family
196
Businesses
98
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Nearby investment properties with comparable prices
Listed by: Jonathon Vonesh • KW Inspire Realty Keller Williams
Mls Name: GFBMLS
Mls Provider:
Mls ID: #25-687
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.