15427 County Road 11GraftonND58237
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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 15427 County Road 11, Grafton, ND, 58237 uses $101,108 cash to close to unlock $4,218/yr annual cash flow and $352/mo monthly cash flow. Total monthly income runs $2,208/mo, and a $1,493/mo payment keeps the spread at $352/mo. Purchase price stands at $305,000, and rental yield measures 8.69% with $2,208/mo rent. Return on cash invested shows 24.08% in year one, and 5% annual appreciation builds toward $84,266 over five years. Five-year ROI reaches 125.09% and total cumulative return in cash records $126,478. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,208/mo property income covering a $1,493/mo payment rather than investor’s personal income.
Single Family
Built in 1927
8 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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