114 NE 1st Ave NEParshallND58770
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayNot all U.S. investment properties are valued for current income. 114 NE 1st Ave NE, Parshall, ND, 58770 in Parshall at $120,000, 0% gross yield, is a market-growth asset. Rental yield 0%. The $0/mo rent partially funds the $540/mo debt service; the core return is the 5%/yr price growth projected to add $33,154 over five years. Ziffy Mortgage's DSCR mortgage (0.00) provides financing for foreign nationals without domestic income checks. A 30–35% down payment often produces the cleanest coverage for low-yield properties.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 6.2% |
| Monthly Cash Flow | $0 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
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
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
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
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