229 S Grove StHebronND58638
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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 Hebron at 229 S Grove St, Hebron, ND, 58638 priced at $799,000 pairs $749/mo rent with after a $3,911/mo payment. Total monthly income equals $749/mo. Return on cash invested is 1.28% in year one, and rental yield stands at 1.12% on a $799,000 basis. Equity gained on principal adds $5,156/yr, and 5% annual appreciation accumulates to $220,749 by year five. Five-year ROI measures 2.76% and total cumulative return in cash reaches $7,254. For financing, Ziffy Mortgage’s DSCR program evaluates $749/mo property income against a $3,911/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1971
1.94 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58638, Hebron, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 519 (100%) |
| Owner Occupied HU | 344 (66.3%) |
| Renter Occupied HU | 87 (16.8%) |
| Vacant Housing Units | 88 (17.0%) |
| Median Home Value | $156,034 |
| Average Home Value | $204,760 |
Housing Distribution
Address Breakdown
Residential
304
Single Family
304
Multi-Family
0
Businesses
43
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Listed by: Bridget Bullinger • Fay Land Sales
Mls Name: Badlands BOR
Mls Provider:
Mls ID: #25-435
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.