313 2nd Ave NEHazenND58545
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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
Investment property for sale in Hazen at 313 2nd Ave NE, Hazen, ND, 58545 offers a 9.41% rental yield on a $125,000 purchase with $980/mo rent. Total monthly income registers $980/mo, and a $612/mo payment leaves $219/mo available for distribution. Annual cash flow reaches $2,628/yr on $41,438 to close, and return on cash invested stands at 26.25% in year one. Equity gained on principal adds $807/yr while 5% annual appreciation supports $34,535 over five years. Portfolio math shows five-year ROI at 136.87% and total cumulative return in cash at $56,717. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $980/mo property income against a $612/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1930
6,969 sqft lot
$N/A/sqft
No HOA
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Listed by: HEATHER STROMME • CENTURY 21 Morrison Realty
Mls Name: Great North MLS
Mls ID: #4020234
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.