650 4th Ave EDickinsonND58601
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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 Dickinson at 650 4th Ave E, Dickinson, ND, 58601 offers $1,805/mo rent that, after a $1,273/mo payment, leaves $222/mo cash flow. Total monthly income is $1,805/mo, and annual cash flow is $2,666/yr on $86,190 cash. Return on cash invested measures 23% in year one, and rental yield stands at 8.33% at a $260,000 entry. Equity gained on principal adds $1,678/yr while 5% annual appreciation compounds into $71,833 by year five. Five-year ROI records 119.34% and total cumulative return in cash reaches $102,857. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,805/mo property income versus a $1,273/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1993
8,117 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: Olivia (Liv) Wellenstein • Continental Real Estate, Inc.
Mls Name: Badlands BOR
Mls Provider:
Mls ID: #25-496
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.