813 Prospect AveGraftonND58237
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
Rental property for sale in Grafton at 813 Prospect Ave, Grafton, ND, 58237 priced at $138,500 pairs $1,187/mo rent with $344/mo cash flow after a $678/mo payment. Total monthly income equals $1,187/mo, and annual cash flow comes to $4,127/yr on $45,913 invested. Return on cash invested is 28.9% in year one, and rental yield stands at 10.28% on a $138,500 basis. Equity gained on principal adds $894/yr, and 5% annual appreciation accumulates to $38,265 by year five. Five-year ROI measures 150.93% and total cumulative return in cash reaches $69,295. For financing, Ziffy Mortgage’s DSCR program evaluates $1,187/mo property income against a $678/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1984
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58237, Grafton, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,438 (100%) |
| Owner Occupied HU | 1,497 (61.4%) |
| Renter Occupied HU | 661 (27.1%) |
| Vacant Housing Units | 280 (11.5%) |
| Median Home Value | $170,682 |
| Average Home Value | $186,899 |
Housing Distribution
Address Breakdown
Residential
2,305
Single Family
2,005
Multi-Family
300
Businesses
253
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Mary Jaster • KW Inspire Realty Keller Williams
Mls Name: GFBMLS
Mls Provider:
Mls ID: #25-283
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.