122 3rd Ave NWHillsboroND58045
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
Investment property for sale in Hillsboro at 122 3rd Ave NW, Hillsboro, ND, 58045 at $299,900 posts ROI 27.38% with $619/mo cash flow from $2,444/mo rent. Total monthly income equals $2,444/mo, and annual cash flow records $7,423/yr on $99,417 to close. Return on cash invested measures 27.38% and rental yield reads 9.78% at the current $299,900. Equity gained on principal adds $1,935/yr, and 5% annual appreciation supports $82,857 by year five. Five-year ROI prints 142.77% and total cumulative return in cash totals $141,940.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,444/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1973
0.26 sqft 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: Derek Brandenburg • eXp Realty (3788 FGO)
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6716587
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