503 4th StMaddockND58348
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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 503 4th St, Maddock, ND, 58348 with 5% annual appreciation on a $135,000 basis while $720/mo rent supports operations. 18% in year one. Equity gained on principal adds $871/yr, and five-year appreciation sums $37,298 alongside rental yield of 6.4%. Five-year ROI measures 88.14% and total cumulative return in cash totals $39,445. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $720/mo property income versus a $661/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1940
0.26 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: Tami Feist • F6 Realty LLC
Mls Name: My State MLS
Mls ID: #11526914