118 1st St NWHillsboroND58045
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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 Hillsboro at 118 1st St NW, Hillsboro, ND, 58045 listed at $173,500 pairs $1,513/mo rent with a $849/mo payment to leave $457/mo cash flow. Total monthly income runs $1,513/mo, and annual cash flow reaches $5,487/yr on $57,515 cash to close. Return on cash invested measures 29.45% in year one, and rental yield registers 10.46% at a $173,500 basis. Equity gained on principal adds $1,120/yr, and annual property appreciation at 5% supports $47,935 by year five. Five-year ROI tracks 153.92% and total cumulative return in cash totals $88,528. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,513/mo property income relative to a $849/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58045, Hillsboro, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,058 (100%) |
| Owner Occupied HU | 700 (66.2%) |
| Renter Occupied HU | 228 (21.6%) |
| Vacant Housing Units | 130 (12.3%) |
| Median Home Value | $242,529 |
| Average Home Value | $258,825 |
Housing Distribution
Address Breakdown
Residential
799
Single Family
701
Multi-Family
98
Businesses
129
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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Mls ID: #N/A