327 Mickey Mouse AveHoraceND58047
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
Investment property for sale in Horace at 327 Mickey Mouse Ave, Horace, ND, 58047 at $334,900 posts ROI 24.52% with $427/mo cash flow from $2,465/mo rent. Total monthly income equals $2,465/mo, and annual cash flow records $5,123/yr on $111,019 to close. Return on cash invested measures 24.52% and rental yield reads 8.83% at the current $334,900. Equity gained on principal adds $2,161/yr, and 5% annual appreciation supports $92,527 by year five. Five-year ROI prints 127.45% and total cumulative return in cash totals $141,493.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,465/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1960
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58047, Horace, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,417 (100%) |
| Owner Occupied HU | 2,024 (83.7%) |
| Renter Occupied HU | 153 ( 6.3%) |
| Vacant Housing Units | 240 ( 9.9%) |
| Median Home Value | $468,689 |
| Average Home Value | $542,473 |
Housing Distribution
Address Breakdown
Residential
2,136
Single Family
2,130
Multi-Family
6
Businesses
137
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Listed by: Joe Foertsch • Archer Real Estate Services
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6755804