407 8th St SHettingerND58639
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 Hettinger at 407 8th St S, Hettinger, ND, 58639 offers a 9.45% rental yield on a $124,900 purchase with $984/mo rent. Total monthly income registers $984/mo, and a $611/mo payment leaves $224/mo available for distribution. Annual cash flow reaches $2,690/yr on $41,404 to close, and return on cash invested stands at 26.41% in year one. Equity gained on principal adds $806/yr while 5% annual appreciation supports $34,508 over five years. Portfolio math shows five-year ROI at 137.63% and total cumulative return in cash at $56,986. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $984/mo property income against a $611/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1946
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58639, Hettinger, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,152 (100%) |
| Owner Occupied HU | 657 (57.0%) |
| Renter Occupied HU | 190 (16.5%) |
| Vacant Housing Units | 305 (26.5%) |
| Median Home Value | $145,500 |
| Average Home Value | $240,221 |
Housing Distribution
Address Breakdown
Residential
709
Single Family
674
Multi-Family
35
Businesses
121
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Listed by: Rodney L Howe • Western Edge Realty
Mls Name: Badlands BOR
Mls ID: #25-805