114 NE 1st Ave NEParshallND58770
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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 Parshall at 114 NE 1st Ave NE, Parshall, ND, 58770 priced at $120,000 pairs $0/mo rent with after a $587/mo payment. Total monthly income equals $0/mo. Return on cash invested is -2.11% in year one, and rental yield stands at 0% on a $120,000 basis. Equity gained on principal adds $774/yr, and 5% annual appreciation accumulates to $33,154 by year five. For financing, Ziffy Mortgage’s DSCR program evaluates $0/mo property income against a $587/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1947
3,963 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58770, Parshall, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 744 (100%) |
| Owner Occupied HU | 337 (45.3%) |
| Renter Occupied HU | 190 (25.5%) |
| Vacant Housing Units | 217 (29.2%) |
| Median Home Value | $272,143 |
| Average Home Value | $306,335 |
Housing Distribution
Address Breakdown
Residential
294
Single Family
287
Multi-Family
7
Businesses
57
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Becky Bertsch • Better Homes and Gardens Real Estate Watne Group
Mls Name: Minot MLS
Mls Provider:
Mls ID: #250570
Disclaimer: The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of the MMLS, Inc. Real estate listings other than Zillow, Inc. are marked with the Broker Reciprocity logo and the view of detailed information about them includes the name of the listing broker. Zillow, Inc. does not display the entire MMLS, Inc. Broker Reciprocity database on this website. The listings of some real estate brokerage firms have been excluded. All information provided is deemed reliable but is not guaranteed and should be independently verified. No reproduction, distribution, or transmission of the information at this site is permitted without written permission from Zillow, Inc.