402 W Main AveSouth HeartND58655
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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 South Heart at 402 W Main Ave, South Heart, ND, 58655 with 5% annual appreciation on a $279,900 basis while $1,031/mo rent supports operations. 21% in year one. Equity gained on principal adds $1,806/yr, and five-year appreciation sums $77,331 alongside rental yield of 4.42%. Five-year ROI measures 56.08% and total cumulative return in cash totals $52,033. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,031/mo property income versus a $1,370/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 2006
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58655, South Heart, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 240 (100%) |
| Owner Occupied HU | 196 (81.7%) |
| Renter Occupied HU | 34 (14.2%) |
| Vacant Housing Units | 10 ( 4.2%) |
| Median Home Value | $331,915 |
| Average Home Value | $353,533 |
Housing Distribution
Address Breakdown
Residential
57
Single Family
57
Multi-Family
0
Businesses
15
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Listed by: Don Schmeling • Continental Real Estate, Inc.
Mls Name: Badlands BOR
Mls Provider:
Mls ID: #25-869
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.