Multi-Family Investment Properties in Horace, ND | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

Multi Family Investment Properties for Sale in Horace, ND

Why Invest in Horace, North Dakota?

Multi-family investments in Horace, ND offer strong potential amid rapid population growth of over 32% in 2023. High median household incomes near $146K support robust rental demand from professionals and families. Recent housing construction with nearly 300 permits signals expanding supply for multi-family opportunities. Appreciation rates remain solid with home values up 12% yearly, complemented by low vacancy in a family-friendly market. White-collar dominance with 88% employment creates stable cash flows for investors targeting rentals.

8.2%
Avg. ROI
5.8%
Rental Yield
6.1%
Cap Rate
$1250/mo
Avg. Cash Flow
$1795/mo
Avg. Rent
7.5%
1Y Appreciation

Frequently Asked Questions

Yes, Horace's 32% population surge and $146K median income drive rental demand. High white-collar employment ensures stable tenants. Growth in housing permits supports multi-family scalability.

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