6525 Sun Valley BlvdHoraceND58047
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayThe investment thesis at 6525 Sun Valley Blvd, Horace, ND, 58047 in Horace is capital appreciation. Rental yield 4.76%. The 4.76% gross yield at $599,900 falls below cash-flow thresholds, but 5% annual value growth is forecast to deliver $165,741 in additional equity by year five, an equity gain that can outpace many higher-yield markets. Ziffy Mortgage finances appreciation-play assets via DSCR (0.88) without U.S. credit history; structure with a larger down payment to optimise coverage. Total projected return: $145,428.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.8% | 6.5% |
| Monthly Cash Flow | $(1,566) | $450 |
City averages based on Horace market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,380 |
| Total Monthly Debt Service | $3,412 |
| DSCR Ratio | 0.70x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2025
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58047, Horace, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,417 (100%) |
| Owner Occupied HU | 2,024 (83.7%) |
| Renter Occupied HU | 153 ( 6.3%) |
| Vacant Housing Units | 240 ( 9.9%) |
| Median Home Value | $468,689 |
| Average Home Value | $542,473 |
Housing Distribution
Address Breakdown
Residential
2,136
Single Family
2,130
Multi-Family
6
Businesses
137
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
Single Family
Built in 2025
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58047, Horace, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,417 (100%) |
| Owner Occupied HU | 2,024 (83.7%) |
| Renter Occupied HU | 153 ( 6.3%) |
| Vacant Housing Units | 240 ( 9.9%) |
| Median Home Value | $468,689 |
| Average Home Value | $542,473 |
Housing Distribution
Address Breakdown
Residential
2,136
Single Family
2,130
Multi-Family
6
Businesses
137
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Stella Braham • Berkshire Hathaway HomeServices Premier Properties
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6819829