577 2nd Ave SWDickinsonND58601
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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 Dickinson at 577 2nd Ave SW, Dickinson, ND, 58601 uses $79,560 cash to close to unlock $4,380/yr annual cash flow and $365/mo monthly cash flow. Total monthly income runs $1,826/mo, and a $1,175/mo payment keeps the spread at $365/mo. Purchase price stands at $240,000, and rental yield measures 9.13% with $1,826/mo rent. Return on cash invested shows 25.41% in year one, and 5% annual appreciation builds toward $66,308 over five years. Five-year ROI reaches 132.22% and total cumulative return in cash records $105,194. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,826/mo property income covering a $1,175/mo payment rather than investor’s personal income.
Single Family
Built in 1977
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58601, Dickinson, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,995 (100%) |
| Owner Occupied HU | 7,325 (52.3%) |
| Renter Occupied HU | 4,954 (35.4%) |
| Vacant Housing Units | 1,716 (12.3%) |
| Median Home Value | $293,951 |
| Average Home Value | $334,503 |
Housing Distribution
Address Breakdown
Residential
13,405
Single Family
10,987
Multi-Family
2,418
Businesses
1,060
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Listed by: Anthony Kleinwaechter • Nest Real Estate
Mls Name: Badlands BOR
Mls ID: #25-1148