421 3rd AveMapletonND58059
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
Rental property for sale in Mapleton at 421 3rd Ave, Mapleton, ND, 58059 priced at $160,000 pairs $1,243/mo rent with $250/mo cash flow after a $783/mo payment. Total monthly income equals $1,243/mo, and annual cash flow comes to $3,002/yr on $53,040 invested. Return on cash invested is 25.57% in year one, and rental yield stands at 9.32% on a $160,000 basis. Equity gained on principal adds $1,032/yr, and 5% annual appreciation accumulates to $44,205 by year five. Five-year ROI measures 133.31% and total cumulative return in cash reaches $70,706. For financing, Ziffy Mortgage’s DSCR program evaluates $1,243/mo property income against a $783/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 1980
0.37 Acres 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
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Nearby investment properties with comparable prices
Listed by: Carlita K. Dietz • Berkshire Hathaway HomeServices Premier Properties
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6692515
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