406 Central AveMaddockND58348
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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 Maddock at 406 Central Ave, Maddock, ND, 58348 at $110,000 posts ROI 25.11% with $158/mo cash flow from $827/mo rent. Total monthly income equals $827/mo, and annual cash flow records $1,895/yr on $36,465 to close. Return on cash invested measures 25.11% and rental yield reads 9.02% at the current $110,000. Equity gained on principal adds $710/yr, and 5% annual appreciation supports $30,391 by year five. Five-year ROI prints 130.58% and total cumulative return in cash totals $47,616.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $827/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1905
10,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58348, Maddock, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 444 (100%) |
| Owner Occupied HU | 309 (69.6%) |
| Renter Occupied HU | 50 (11.3%) |
| Vacant Housing Units | 85 (19.1%) |
| Median Home Value | $181,944 |
| Average Home Value | $201,489 |
Housing Distribution
Address Breakdown
Residential
209
Single Family
189
Multi-Family
20
Businesses
35
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Listed by: Chase Freidig • Real Estate 7
Mls Name: My State MLS
Mls ID: #11589606