161 132nd Ave SEHopeND58046
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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 Hope at 161 132nd Ave SE, Hope, ND, 58046 offers a 0% rental yield on a $575,000 purchase with $0/mo rent. 14% in year one. Equity gained on principal adds $3,710/yr while 5% annual appreciation supports $158,862 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $2,814/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1945
12.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58046, Hope, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 299 (100%) |
| Owner Occupied HU | 203 (67.9%) |
| Renter Occupied HU | 38 (12.7%) |
| Vacant Housing Units | 58 (19.4%) |
| Median Home Value | $279,688 |
| Average Home Value | $282,032 |
Housing Distribution
Address Breakdown
Residential
160
Single Family
151
Multi-Family
9
Businesses
26
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Listed by: Brett E Meyers • Ag Experts Land & Auction
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6758741