503 6th Ave NEMandanND58554
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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 Mandan at 503 6th Ave NE, Mandan, ND, 58554 uses $119,307 cash to close to unlock $13,537/yr annual cash flow and $1,128/mo monthly cash flow. Total monthly income runs $3,319/mo, and a $1,762/mo payment keeps the spread at $1,128/mo. Purchase price stands at $359,900, and rental yield measures 11.07% with $3,319/mo rent. Return on cash invested shows 31.26% in year one, and 5% annual appreciation builds toward $99,434 over five years. Five-year ROI reaches 163.59% and total cumulative return in cash records $195,170. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,319/mo property income covering a $1,762/mo payment rather than investor’s personal income.
Single Family
Built in 1976
8,494 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58554, Mandan, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,523 (100%) |
| Owner Occupied HU | 8,722 (64.5%) |
| Renter Occupied HU | 3,813 (28.2%) |
| Vacant Housing Units | 988 ( 7.3%) |
| Median Home Value | $291,251 |
| Average Home Value | $350,900 |
Housing Distribution
Address Breakdown
Residential
12,769
Single Family
11,187
Multi-Family
1,582
Businesses
892
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Listed by: N/A • N/A
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