505 3rd Ave NHettingerND58639
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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 Hettinger at 505 3rd Ave N, Hettinger, ND, 58639 offers a 2.93% rental yield on a $270,000 purchase with $660/mo rent. 72% in year one. Equity gained on principal adds $1,742/yr while 5% annual appreciation supports $74,596 over five years. Portfolio math shows five-year ROI at 32.02% and total cumulative return in cash at $28,657. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $660/mo property income against a $1,322/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1978
8,370 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: Alissa Mack, Assoc Broker • Home and Land Company
Mls Name: Badlands BOR
Mls Provider:
Mls ID: #25-443
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.