418 S Elk StHebronND58638
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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 Hebron at 418 S Elk St, Hebron, ND, 58638 with 5% annual appreciation on a $135,000 basis while $1,054/mo rent supports operations. Total monthly income totals $1,054/mo and a $661/mo payment preserves $169/mo for cash returns. Annual cash flow comes to $2,031/yr on $44,753 deployed, and return on cash invested reaches 24.45% in year one. Equity gained on principal adds $871/yr, and five-year appreciation sums $37,298 alongside rental yield of 9.37%. Five-year ROI measures 127.74% and total cumulative return in cash totals $57,169.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,054/mo property income versus a $661/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1996
0.32 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: Holly Martinson • Home and Land Company
Mls Name: Badlands BOR
Mls Provider:
Mls ID: #25-336
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.