1118 Hill AveGraftonND58237
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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 Grafton at 1118 Hill Ave, Grafton, ND, 58237 listed at $130,000 pairs $993/mo rent with a $636/mo payment to leave $202/mo cash flow. Total monthly income runs $993/mo, and annual cash flow reaches $2,425/yr on $43,095 cash to close. Return on cash invested measures 25.54% in year one, and rental yield registers 9.17% at a $130,000 basis. Equity gained on principal adds $839/yr, and annual property appreciation at 5% supports $35,917 by year five. Five-year ROI tracks 133% and total cumulative return in cash totals $57,315. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $993/mo property income relative to a $636/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1915
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
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Listed by: Kristi Olson • Real Broker, LLC (GF2)
Mls Name: GFBMLS
Mls ID: #25-1779