418 Reese WayMapletonND58059
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayMarkets with strong demand fundamentals often produce low-yield, high-appreciation assets. 418 Reese Way, Mapleton, ND, 58059 in Mapleton fits: $599,900, 4.15% gross yield, and a projected 5% annual appreciation rate adding $165,741 in value within five years. Rental yield 4.15%. The narrow rent-to-debt spread is the trade-off for market growth. Ziffy Mortgage's DSCR loan (0.77) finances non-U.S. buyers without personal income documentation; optimise coverage with a 30–35% down payment. $5,525/yr in principal paydown and $165,741 in appreciation project a total return of $125,868.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.2% | 6.2% |
| Monthly Cash Flow | $(1,575) | $420 |
City averages based on Mapleton market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,076 |
| Total Monthly Debt Service | $3,412 |
| DSCR Ratio | 0.61x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2025
0.33 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58059, Mapleton, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 691 (100%) |
| Owner Occupied HU | 627 (90.7%) |
| Renter Occupied HU | 40 ( 5.8%) |
| Vacant Housing Units | 24 ( 3.5%) |
| Median Home Value | $445,619 |
| Average Home Value | $456,196 |
Housing Distribution
Address Breakdown
Residential
560
Single Family
560
Multi-Family
0
Businesses
34
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
Single Family
Built in 2025
0.33 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58059, Mapleton, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 691 (100%) |
| Owner Occupied HU | 627 (90.7%) |
| Renter Occupied HU | 40 ( 5.8%) |
| Vacant Housing Units | 24 ( 3.5%) |
| Median Home Value | $445,619 |
| Average Home Value | $456,196 |
Housing Distribution
Address Breakdown
Residential
560
Single Family
560
Multi-Family
0
Businesses
34
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jacob Henderson • Raboin Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6758717