1013 McHugh AveGraftonND58237
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Grafton at 1013 McHugh Ave, Grafton, ND, 58237 generates $1,220/mo in rent and, after a $661/mo payment, leaves $398/mo in cash flow. Total monthly income is $1,220/mo, and annual cash flow is $4,777/yr on $44,753 invested. Return on cash invested sits at 30.58% in year one, and rental yield is 10.84% on a $135,000 entry. Equity gained on principal adds $871/yr, while 5% annual appreciation builds toward $37,298 over five years. Five-year ROI reaches 160.08% and total cumulative return in cash sums $71,641. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,220/mo property income rather than buyer’s personal income.
Single Family
Built in 1950
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58237, Grafton, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,438 (100%) |
| Owner Occupied HU | 1,497 (61.4%) |
| Renter Occupied HU | 661 (27.1%) |
| Vacant Housing Units | 280 (11.5%) |
| Median Home Value | $170,682 |
| Average Home Value | $186,899 |
Housing Distribution
Address Breakdown
Residential
2,305
Single Family
2,005
Multi-Family
300
Businesses
253
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Felica Diemert • Berkshire Hathaway Homeservices Family Rea
Mls Name: GFBMLS
Mls Provider:
Mls ID: #25-317
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.