4613 32nd St NEMaddockND58348
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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 4613 32nd St NE, Maddock, ND, 58348 uses $111,053 cash to close to unlock $669/yr annual cash flow and $56/mo monthly cash flow. Total monthly income runs $2,095/mo, and a $1,640/mo payment keeps the spread at $56/mo. Purchase price stands at $335,000, and rental yield measures 7.5% with $2,095/mo rent. Return on cash invested shows 20.51% in year one, and 5% annual appreciation builds toward $92,554 over five years. Five-year ROI reaches 105.94% and total cumulative return in cash records $117,644. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,095/mo property income covering a $1,640/mo payment rather than investor’s personal income.
Single Family
Built in 1975
13.96 Acres 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: #11567643