731 Baker AveDickinsonND58601
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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 731 Baker Ave, Dickinson, ND, 58601 priced at $355,000 converts $2,989/mo rent into $828/mo cash flow after a $1,738/mo obligation. Total monthly income equals $2,989/mo, and annual cash flow totals $9,936/yr on $117,683 invested. Return on cash invested prints 28.35% in year one, and rental yield reads 10.1% against a $355,000 entry. Equity gained on principal adds $2,291/yr, while 5% annual appreciation compiles into $98,080 by year five. Five-year ROI reaches 147.98% and total cumulative return in cash sums $174,144. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,989/mo property income covering a $1,738/mo payment, not borrower’s personal income.
Single Family
Built in 1983
8,276 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: Kristin York • The Real Estate Company
Mls Name: Badlands BOR
Mls ID: #25-1025