516 4th Ave SEJamestownND58401
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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
Rental property for sale in Jamestown at 516 4th Ave SE, Jamestown, ND, 58401 generates $2,987/mo in rent and, after a $1,446/mo payment, leaves $1,189/mo in cash flow. Total monthly income is $2,987/mo, and annual cash flow is $14,266/yr on $97,958 invested. Return on cash invested sits at 34.47% in year one, and rental yield is 12.13% on a $295,500 entry. Equity gained on principal adds $1,907/yr, while 5% annual appreciation builds toward $81,641 over five years. Five-year ROI reaches 180.81% and total cumulative return in cash sums $177,123. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,987/mo property income rather than buyer’s personal income.
Single Family
Built in 1961
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58401, Jamestown, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,804 (100%) |
| Owner Occupied HU | 4,829 (54.9%) |
| Renter Occupied HU | 2,943 (33.4%) |
| Vacant Housing Units | 1,032 (11.7%) |
| Median Home Value | $213,110 |
| Average Home Value | $239,046 |
Housing Distribution
Address Breakdown
Residential
8,180
Single Family
6,198
Multi-Family
1,982
Businesses
624
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Listed by: Nichole Rahn Klundt • RE/MAX Now - JM
Mls Name: Great North MLS
Mls ID: #4022568