609 4th Ave WDickinsonND58601
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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 609 4th Ave W, Dickinson, ND, 58601 uses $79,527 cash to close to unlock $7,249/yr annual cash flow and $604/mo monthly cash flow. Total monthly income runs $2,064/mo, and a $1,174/mo payment keeps the spread at $604/mo. Purchase price stands at $239,900, and rental yield measures 10.32% with $2,064/mo rent. Return on cash invested shows 29.02% in year one, and 5% annual appreciation builds toward $66,280 over five years. Five-year ROI reaches 151.63% and total cumulative return in cash records $120,583. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,064/mo property income covering a $1,174/mo payment rather than investor’s personal income.
Single Family
Built in 1915
6,969 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: Deborah Anheluk • eXp Realty
Mls Name: Badlands BOR
Mls ID: #25-1097