9996 36e 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
Rental property for sale in Gladstone at 9996 36e St SW, Gladstone, ND, 58630 generates $3,181/mo in rent and, after a $2,178/mo payment, leaves $473/mo in cash flow. Total monthly income is $3,181/mo, and annual cash flow is $5,673/yr on $147,518 invested. Return on cash invested sits at 23.75% in year one, and rental yield is 8.58% on a $445,000 entry. Equity gained on principal adds $2,872/yr, while 5% annual appreciation builds toward $122,945 over five years. Five-year ROI reaches 123.33% and total cumulative return in cash sums $181,928. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,181/mo property income rather than buyer’s personal income.
Single Family
Built in 2012
1.50 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: Alissa Mack, Assoc Broker • Home and Land Company
Mls Name: Badlands BOR
Mls ID: #25-1061