218 2nd Ave NWHazenND58545
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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 Hazen at 218 2nd Ave NW, Hazen, ND, 58545 offers $1,746/mo rent that, after a $1,224/mo payment, leaves $224/mo cash flow. Total monthly income is $1,746/mo, and annual cash flow is $2,689/yr on $82,875 cash. Return on cash invested measures 23.15% in year one, and rental yield stands at 8.38% at a $250,000 entry. Equity gained on principal adds $1,613/yr while 5% annual appreciation compounds into $69,070 by year five. Five-year ROI records 120.16% and total cumulative return in cash reaches $99,586. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,746/mo property income versus a $1,224/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1966
0.27 Acres lot
$N/A/sqft
No HOA
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Listed by: LYNNAE WEIDNER • WEST RIVER REALTY LLP
Mls Name: Great North MLS
Mls ID: #4018575
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. The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed.