703 10th StHattonND58240
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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
Rental property for sale in Hatton at 703 10th St, Hatton, ND, 58240 generates $2,246/mo in rent and, after a $1,221/mo payment, leaves $724/mo in cash flow. Total monthly income is $2,246/mo, and annual cash flow is $8,692/yr on $82,709 invested. Return on cash invested sits at 30.42% in year one, and rental yield is 10.8% on a $249,500 entry. Equity gained on principal adds $1,610/yr, while 5% annual appreciation builds toward $68,932 over five years. Five-year ROI reaches 159.11% and total cumulative return in cash sums $131,601. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,246/mo property income rather than buyer’s personal income.
Single Family
Built in 1980
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58240, Hatton, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 706 (100%) |
| Owner Occupied HU | 383 (54.2%) |
| Renter Occupied HU | 116 (16.4%) |
| Vacant Housing Units | 207 (29.3%) |
| Median Home Value | $191,500 |
| Average Home Value | $233,029 |
Housing Distribution
Address Breakdown
Residential
433
Single Family
416
Multi-Family
17
Businesses
36
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Listed by: RuthAnn Halvorson • Crary Real Estate
Mls Name: GFBMLS
Mls Provider:
Mls ID: #25-419
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.