604 2nd 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 604 2nd Ave N, Hettinger, ND, 58639 uses $91,163 cash to close to unlock $7,779/yr annual cash flow and $648/mo monthly cash flow. Total monthly income runs $2,322/mo, and a $1,346/mo payment keeps the spread at $648/mo. Purchase price stands at $275,000, and rental yield measures 10.13% with $2,322/mo rent. Return on cash invested shows 28.44% in year one, and 5% annual appreciation builds toward $75,977 over five years. Five-year ROI reaches 148.49% and total cumulative return in cash records $135,371. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,322/mo property income covering a $1,346/mo payment rather than investor’s personal income.
Single Family
Built in 1910
0.32 Acres 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: Liz Hallen • Western Edge Realty
Mls Name: Badlands BOR
Mls ID: #25-750