15307 71st Pl NEGraftonND58237
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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 15307 71st Pl NE, Grafton, ND, 58237 offers a 8.25% rental yield on a $215,000 purchase with $1,478/mo rent. Total monthly income registers $1,478/mo, and a $1,052/mo payment leaves $170/mo available for distribution. Annual cash flow reaches $2,037/yr on $71,273 to close, and return on cash invested stands at 22.77% in year one. Equity gained on principal adds $1,387/yr while 5% annual appreciation supports $59,401 over five years. Portfolio math shows five-year ROI at 118.04% and total cumulative return in cash at $84,133. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,478/mo property income against a $1,052/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1984
4.42 Acres 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: Mary Jaster • KW Inspire Realty Keller Williams
Mls Name: GFBMLS
Mls ID: #25-1221