311 S Park StHebronND58638
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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
Investment property for sale in Hebron at 311 S Park St, Hebron, ND, 58638 offers a 8.27% rental yield on a $395,000 purchase with $2,723/mo rent. Total monthly income registers $2,723/mo, and a $1,933/mo payment leaves $319/mo available for distribution. Annual cash flow reaches $3,831/yr on $130,943 to close, and return on cash invested stands at 22.84% in year one. Equity gained on principal adds $2,549/yr while 5% annual appreciation supports $109,131 over five years. Portfolio math shows five-year ROI at 118.42% and total cumulative return in cash at $155,058. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,723/mo property income against a $1,933/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2018
0.75 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: Josh Dohrmann • The Real Estate Company
Mls Name: Badlands BOR
Mls ID: #25-1008