508 6th AveAdamsND58210
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 Adams at 508 6th Ave, Adams, ND, 58210 offers $1,421/mo rent that, after a $808/mo payment, leaves $416/mo cash flow. Total monthly income is $1,421/mo, and annual cash flow is $4,996/yr on $54,698 cash. Return on cash invested measures 29.04% in year one, and rental yield stands at 10.33% at a $165,000 entry. Equity gained on principal adds $1,065/yr while 5% annual appreciation compounds into $45,586 by year five. Five-year ROI records 151.75% and total cumulative return in cash reaches $83,003. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,421/mo property income versus a $808/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1978
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58210, Adams, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 178 (100%) |
| Owner Occupied HU | 114 (64.0%) |
| Renter Occupied HU | 21 (11.8%) |
| Vacant Housing Units | 43 (24.2%) |
| Median Home Value | $117,500 |
| Average Home Value | $188,421 |
Housing Distribution
Address Breakdown
Residential
94
Single Family
94
Multi-Family
0
Businesses
8
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Listed by: Amy Marie Pauling-Normandin • Dakota Plains Realty
Mls Name: GFBMLS
Mls Provider:
Mls ID: #25-229
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.