516 6th Ave SEJamestownND58401
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 Jamestown at 516 6th Ave SE, Jamestown, ND, 58401 offers $1,462/mo rent that, after a $929/mo payment, leaves $306/mo cash flow. Total monthly income is $1,462/mo, and annual cash flow is $3,671/yr on $62,952 cash. Return on cash invested measures 25.74% in year one, and rental yield stands at 9.24% at a $189,900 entry. Equity gained on principal adds $1,225/yr while 5% annual appreciation compounds into $52,466 by year five. Five-year ROI records 133.98% and total cumulative return in cash reaches $84,341. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,462/mo property income versus a $929/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1959
3,484 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Austin Bauer • Keller Williams Inspire Realty
Mls Name: Great North MLS
Mls ID: #4018616
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. The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed.