9977 36b St SWGladstoneND58630
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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 Gladstone at 9977 36b St SW, Gladstone, ND, 58630 offers a 5.25% rental yield on a $732,000 purchase with $3,203/mo rent. 82% in year one. Equity gained on principal adds $4,723/yr while 5% annual appreciation supports $202,238 over five years. Portfolio math shows five-year ROI at 70.02% and total cumulative return in cash at $168,630. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,203/mo property income against a $3,583/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2015
2.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58630, Gladstone, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 281 (100%) |
| Owner Occupied HU | 216 (76.9%) |
| Renter Occupied HU | 27 ( 9.6%) |
| Vacant Housing Units | 38 (13.5%) |
| Median Home Value | $475,862 |
| Average Home Value | $467,743 |
Housing Distribution
Address Breakdown
Residential
156
Single Family
156
Multi-Family
0
Businesses
10
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Listed by: Justin L Fridrich • Nest Real Estate
Mls Name: Badlands BOR
Mls ID: #25-755