718 3rd St NEJamestownND58401
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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 718 3rd St NE, Jamestown, ND, 58401 listed at $200,000 pairs $1,347/mo rent with a $979/mo payment to leave $130/mo cash flow. Total monthly income runs $1,347/mo, and annual cash flow reaches $1,556/yr on $66,300 cash to close. Return on cash invested measures 22.26% in year one, and rental yield registers 8.08% at a $200,000 basis. Equity gained on principal adds $1,291/yr, and annual property appreciation at 5% supports $55,256 by year five. Five-year ROI tracks 115.31% and total cumulative return in cash totals $76,448. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,347/mo property income relative to a $979/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1948
7,405 sqft 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: Jessica Clemens • Century 21 Morrison Realty
Mls Name: Great North MLS
Mls ID: #4022132