604 7th Street Loop NWJamestownND58401
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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 Jamestown at 604 7th Street Loop NW, Jamestown, ND, 58401 earns $971/mo cash flow from $3,010/mo rent with a $1,640/mo payment. Total monthly income totals $3,010/mo, and annual cash flow totals $11,649/yr on $111,053 capital. ROI tracks 30.4% on current figures, and rental yield reads 10.78% at a $335,000 purchase. Equity gained on principal adds $2,162/yr, and 5% annual appreciation supports $92,554 over five years. Five-year ROI reaches 158.95% and total cumulative return in cash sums $176,516. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,010/mo property income instead of your personal income.
Single Family
Built in 1983
0.28 Acres 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: #4023101