211 N Bismarck St · Hebron, ND 58638

$69,900

2 bd · 1.0 ba · 850 sqft · Other · 122 Days on market

Built 1961 6,987 sqft lot

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Why this score? — see what drove the B grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +28.2/30.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• 1% rule +7.3/10.0
• Appreciation +5.0/10.0
• Schools +4.9/10.0
• Livability +3.5/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks MLS

Welcome to Hebron an affordable quaint town located between Dickinson and Bismarck just north of I94. This cozy home is all set for you to move in. The 2-bedroom, 2-bathroom home features a three-season porch, large entry with a full wall of storage cabinets, large eat-in kitchen, and a spacious living room. There is a garden shed as well as a heated 22x30 garage. The garage features a 12' door, 8' door, 200 amp power, work bench and is insulated. The house has a new metal roof, new water heater, the water meter was replaced in 2022. Hebron has more to offer than you think: day care, award winning public school, movie theater, pool, gas, grocery, banks, coffee shop, restaurant, pizza parlor, chiropractor, auto repair, fitness center, pond, trails, park, community center, activity center, newspaper (Hebron Herald), community spirit and more!

Key facts

• Large eat-in kitchen
• Large entry
• Three-season porch

Tags

• THREE-SEASON PORCH
• LARGE ENTRY
• FULL WALL OF STORAGE CABINETS
• LARGE EAT-IN KITCHEN
• SPACIOUS LIVING ROOM
• GARDEN SHED

Property features AI

Exterior

• Parking: Attached or detached garage with 2.5 garage spaces
• Utilities: Public sewer
• Home design: Single-family residence; Residential property
• Exterior features: Lot zoned residential low density; 0.16 acre lot

Interior

• Kitchen: Disposal; Range; Refrigerator
• Bathrooms: 1 full bathroom
• Heating & cooling: Forced air heating; Has cooling
• Interior features: Eat-in kitchen; Window coverings

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath other listed at $70k.

Deal economics

• At list price, monthly cash flow is $223 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($858 rent vs $70k).
• Recommended offer: $62k (12.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 70/100 on livability (#86 in ND) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, schools B; Watch: crime C-, health & safety D+, amenities F.
• Hebron 13 (rural): math 55% / reading 55% proficiency, ranked #22 of 169 in ND (top 13%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Market conditions: 15 active listings in the ZIP; 94 units permitted in Morton County in 2024 (5 in 5+ unit buildings).

Forward outlook

• In year one you build about $3k of equity ($483 loan paydown + $2k appreciation (3.0% local appreciation)).
• Morton County population projected at +48% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (3.0% appreciation + 3.0% rent growth), your $20k cash investment doubles in ~4 years — after that, you're playing with house money.

Negotiation context

• It's been on market 122 days — a 12% lower offer ($62k) is reasonable based on typical stale-listing flexibility.
• 6 sale attempts since 21y ago; this cycle's ask has dropped $9k (11%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $30k; list at $70k implies a 133% gain — meaningful room to come down on a strong offer.

Recommended offer $61,512 (12.0% below list)

Questions for the listing agent

1. It's been on market 122 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1961 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
6. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
7. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
8. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 1.23% ✓
• Cap rate: 10.11%
• Cash-on-cash: 13.65%
• DSCR: 1.61
• GRM: 6.8

CMA / ARV

No comps found within radius.

Projected returns pro-forma

3.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 20.3%
• Equity multiple: 2.15×
• Total profit: $22,593
• Equity at exit: $31,430

10-year hold

• IRR: 21.5%
• Equity multiple: 4.09×
• Total profit: $60,564
• Equity at exit: $48,437

Cash invested: $19,572 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 82 Strongly Landlord-Friendly
• State North Dakota: 82 Strongly Landlord-Friendly · R+20
• County: — inherits STATE
• City: — inherits STATE

3-day notice; landlord-friendly.

Methodology + full state rankings →

ZIP-level market 58638

• Active inventory: 15
• Price-to-rent: 6.8×

Monthly cashflow live

• Estimated rent: $858 medium
• Mortgage (P&I): −$367
• Tax from tax record: −$59 /mo · $711/yr
• Insurance: −$29
• HOA: −$0
• Vacancy / Maint / Mgmt: −$180
• Net cashflow: $223

Break-even live

Break-even rent $576

Max offer price $69,900

Occupancy floor 69%

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $17,475
• Closing costs: $2,097
• Reserves months: —
• Total cash needed: —

Listing history 31 events

1. 2026-06-18
   days on market $69,900 Active 122 DOM
2. 2026-06-17
   days on market $69,900 Active 121 DOM
3. 2026-06-16
   days on market $69,900 Active 120 DOM
4. 2026-06-15
   days on market $69,900 Active 119 DOM
5. 2026-06-13
   days on market $69,900 Active 117 DOM
6. 2026-06-12
   days on market $69,900 Active 116 DOM
7. 2026-06-09
   days on market $69,900 Active 113 DOM
8. 2026-06-08
   days on market $69,900 Active 112 DOM
9. 2026-06-07
   days on market $69,900 Active 111 DOM
10. 2026-06-05
    days on market $69,900 Active 109 DOM
11. 2026-06-04
    days on market $69,900 Active 107 DOM
12. 2026-06-02
    days on market $69,900 Active 106 DOM
13. 2026-06-01
    days on market $69,900 Active 105 DOM
14. 2026-05-31
    days on market $69,900 Active 104 DOM
15. 2026-05-22
    price $69,900 854-char remark

    Show marketing remark (854 chars)

    Welcome to Hebron an affordable quaint town located between Dickinson and Bismarck just north of I94. This cozy home is all set for you to move in. The 2-bedroom, 2-bathroom home features a three-season porch, large entry with a full wall of storage cabinets, large eat-in kitchen, and a spacious living room. There is a garden shed as well as a heated 22x30 garage. The garage features a 12' door, 8' door, 200 amp power, work bench and is insulated. The house has a new metal roof, new water heater, the water meter was replaced in 2022. Hebron has more to offer than you think: day care, award winning public school, movie theater, pool, gas, grocery, banks, coffee shop, restaurant, pizza parlor, chiropractor, auto repair, fitness center, pond, trails, park, community center, activity center, newspaper (Hebron Herald), community spirit and more!

16. 2026-05-22
    price $69,900

    Show marketing remark (854 chars)

    Welcome to Hebron an affordable quaint town located between Dickinson and Bismarck just north of I94. This cozy home is all set for you to move in. The 2-bedroom, 2-bathroom home features a three-season porch, large entry with a full wall of storage cabinets, large eat-in kitchen, and a spacious living room. There is a garden shed as well as a heated 22x30 garage. The garage features a 12' door, 8' door, 200 amp power, work bench and is insulated. The house has a new metal roof, new water heater, the water meter was replaced in 2022. Hebron has more to offer than you think: day care, award winning public school, movie theater, pool, gas, grocery, banks, coffee shop, restaurant, pizza parlor, chiropractor, auto repair, fitness center, pond, trails, park, community center, activity center, newspaper (Hebron Herald), community spirit and more!

17. 2026-02-16
    listed $78,900 Active 854-char remark

    Show marketing remark (854 chars)

    Welcome to Hebron an affordable quaint town located between Dickinson and Bismarck just north of I94. This cozy home is all set for you to move in. The 2-bedroom, 2-bathroom home features a three-season porch, large entry with a full wall of storage cabinets, large eat-in kitchen, and a spacious living room. There is a garden shed as well as a heated 22x30 garage. The garage features a 12' door, 8' door, 200 amp power, work bench and is insulated. The house has a new metal roof, new water heater, the water meter was replaced in 2022. Hebron has more to offer than you think: day care, award winning public school, movie theater, pool, gas, grocery, banks, coffee shop, restaurant, pizza parlor, chiropractor, auto repair, fitness center, pond, trails, park, community center, activity center, newspaper (Hebron Herald), community spirit and more!

18. 2026-02-16
    listed $78,900 Active

    Show marketing remark (854 chars)

    Welcome to Hebron an affordable quaint town located between Dickinson and Bismarck just north of I94. This cozy home is all set for you to move in. The 2-bedroom, 2-bathroom home features a three-season porch, large entry with a full wall of storage cabinets, large eat-in kitchen, and a spacious living room. There is a garden shed as well as a heated 22x30 garage. The garage features a 12' door, 8' door, 200 amp power, work bench and is insulated. The house has a new metal roof, new water heater, the water meter was replaced in 2022. Hebron has more to offer than you think: day care, award winning public school, movie theater, pool, gas, grocery, banks, coffee shop, restaurant, pizza parlor, chiropractor, auto repair, fitness center, pond, trails, park, community center, activity center, newspaper (Hebron Herald), community spirit and more!

19. 2025-08-20
    price $78,900
20. 2025-08-20
    price $78,900
21. 2025-03-18
    listed $79,500 Active
22. 2023-10-03
    soldstatus $30,000
23. 2023-09-29
    soldstatus Closed
24. 2023-09-28
    soldstatus Closed
25. 2023-08-31
    historical
26. 2023-04-10
    listed $40,000
27. 2023-04-09
    listed $40,000
28. 2008-09-10
    soldstatus $27,000
29. 2007-09-07
    soldstatus $27,900
30. 2005-09-20
    soldstatus
31. 2005-04-19
    listed $18,500

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast ND · Resets to sale price

• Current annual tax: $711 · $59/mo
• Projected year-2 tax: $711 · $59/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 4/10 Moderate
• 🌡 Heat 2/10 Low 7 d/yr ≥95°F today · 12 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 4/10 Moderate 5 unhealthy d/yr today · 5 by 30 yrs out

Taxation est. · year 1

• Rental income: $10,291
• − Mortgage interest: −$3,915
• − Property taxes: −$711
• − Insurance: −$350
• − Repairs & maintenance: −$823
• − Management: −$823
• − Depreciation: −$2,033
• Taxable income: $1,635
• Est. tax owed @ 24.0%: −$392
• After-tax cash flow: $2,279/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Hebron 13
• NCES district ID: 3809180
• Math proficiency: 55% ▬ 0.00%
• Reading proficiency: 55% ▬ 0.00%
• Median HH income: $51,358
• Composite: 48.87/100
• National rank: #4493
• State rank: #22 of 169 in ND

Livability — Hebron

• Score: 70/100
• State rank: #86
• US rank: #7926

Category grades

Amenities F Commute F Cost of living A+ Crime C- Employment C Housing A+ Health & safety D+ User ratings A

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Hebron, ND
• Population (ZIP): 949

Population outlook (Morton County) Hauer SSP2

• Today (2025): 36,682 people
• By 2030: 39,967 · +9.0%
• By 2040: 46,921 · +27.9%
• By 2050: 54,157 · +47.6%
• By 2075: 73,661 · +100.8%
• By 2100: 89,885 · +145.0%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (90%)
• Race & ethnicity: White 90% Two or more races 7% Native American 3% Hispanic / Latino 2%
• Common ancestry: Portuguese 19% Romanian 4% Scotch-Irish 4%
• Foreign-born: 0%

Political lean MEDSL · Morton

• 2024 margin: Solid R (+53.8) · D 22.2% · R 75.9% · Other 1.9%
• 2008→2024 swing: -32.7pp toward R · 2008: -21.0pp · 2024: -53.8pp
• All cycles: 2024: R+53.8 2020: R+50.4 2016: R+53.0 2012: R+31.1 2008: R+21.0

Not yet ingested

• Civics: —

Market trends

• HPI YoY: —
• Current HPI: —
• Rent YoY: —
• Metro: —
• State GDP YoY: ▲ 2.09%
• F500 in state: 2

Industry mix (Fortune 500 HQ in ND)

Industry	F500 HQs	Revenue
▸Utilities / Construction	1	$6B

Price history

+277.8% since first listed

17 events — show timeline

• 2026-05-22 Price Changed $69,900 GNMLS
• 2026-05-22 Price Changed $69,900 Badlands BOR MLS
• 2026-02-16 Listed $78,900 GNMLS
• 2026-02-16 Listed $78,900 Badlands BOR MLS
• 2025-08-20 Price Changed $78,900 GNMLS
• 2025-08-20 Price Changed $78,900 Badlands BOR MLS
• 2025-03-18 Listed $79,500 Badlands BOR MLS
• 2023-10-03 Sold (Public Records) $30,000 Public Records
• 2023-09-29 Sold (MLS) — Badlands BOR MLS
• 2023-09-28 Sold (MLS) — GNMLS
• 2023-08-31 Delisted — GNMLS
• 2023-04-10 Listed $40,000 GNMLS
• 2023-04-09 Listed $40,000 Badlands BOR MLS
• 2008-09-10 Sold (Public Records) $27,000 Public Records
• 2007-09-07 Sold (Public Records) $27,900 Public Records
• 2005-09-20 Sold (MLS) — GNMLS
• 2005-04-19 Listed $18,500 GNMLS

Property tax history

+3.0%/yr

Latest (2025): $711 · -26.4% YoY. Source: county tax records.