209 1st Ave SWHillsboroND58045
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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
Rental property for sale in Hillsboro at 209 1st Ave SW, Hillsboro, ND, 58045 priced at $224,900 pairs $0/mo rent with after a $1,101/mo payment. Total monthly income equals $0/mo. Return on cash invested is -2.13% in year one, and rental yield stands at 0% on a $224,900 basis. Equity gained on principal adds $1,451/yr, and 5% annual appreciation accumulates to $62,136 by year five. For financing, Ziffy Mortgage’s DSCR program evaluates $0/mo property income against a $1,101/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1943
9,583 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
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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Listed by: Lucas Nelson (Team Blake Christianson) • Greenberg Realty
Mls Name: GFBMLS
Mls Provider:
Mls ID: #25-469
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.