1213 Hickory AveOakesND58474
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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 Oakes at 1213 Hickory Ave, Oakes, ND, 58474 earns from $1,232/mo rent with a $1,077/mo payment. Total monthly income totals $1,232/mo. ROI tracks 18.15% on current figures, and rental yield reads 6.72% at a $220,000 purchase. Equity gained on principal adds $1,420/yr, and 5% annual appreciation supports $60,782 over five years. Five-year ROI reaches 93.26% and total cumulative return in cash sums $68,015. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,232/mo property income instead of your personal income.
Single Family
Built in 1969
10,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58474, Oakes, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,221 (100%) |
| Owner Occupied HU | 805 (65.9%) |
| Renter Occupied HU | 271 (22.2%) |
| Vacant Housing Units | 145 (11.9%) |
| Median Home Value | $213,494 |
| Average Home Value | $240,177 |
Housing Distribution
Address Breakdown
Residential
1,086
Single Family
999
Multi-Family
87
Businesses
142
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Listed by: N/A • N/A
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