309 S Grove StHebronND58638
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 309 S Grove St, Hebron, ND, 58638 offers $2,140/mo rent that, after a $1,346/mo payment, leaves $466/mo cash flow. Total monthly income is $2,140/mo, and annual cash flow is $5,595/yr on $91,163 cash. Return on cash invested measures 26.05% in year one, and rental yield stands at 9.34% at a $275,000 entry. Equity gained on principal adds $1,775/yr while 5% annual appreciation compounds into $75,977 by year five. Five-year ROI records 135.66% and total cumulative return in cash reaches $123,671. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,140/mo property income versus a $1,346/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1920
1.12 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: Amber Kuntz • The Real Estate Company
Mls Name: Badlands BOR
Mls ID: #25-656