6532 Sun Valley BlvdHoraceND58047
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 6532 Sun Valley Blvd, Horace, ND, 58047 in Horace. Rental yield 4.54%. At $755,900 with 4.54% gross yield, current distributions are modest, but the 5% appreciation rate projects $208,841 in new equity by year five, complemented by $6,962/yr in principal paydown. Ziffy Mortgage's DSCR loan (0.84) allows non-U.S. residents to acquire without W-2s or domestic credit. Total projected five-year cumulative return: $174,202.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.5% | 6.5% |
| Monthly Cash Flow | $(2,037) | $450 |
City averages based on Horace market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,858 |
| Total Monthly Debt Service | $4,300 |
| DSCR Ratio | 0.66x |
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
7,840 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
7,840 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: N/A • N/A
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6824340