1404 Burrel Ave NECooperstownND58425
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThis Cooperstown rental at 1404 Burrel Ave NE, Cooperstown, ND, 58425 sits in the solid-income band: 9.56% gross yield, $1,024/mo rent, $254/mo net after the $607/mo debt service, DSCR 1.69. Entry price of $135,000 is well-calibrated for the income it produces. Ziffy Mortgage finances this type of asset on rental income alone, no tax returns, no U.S. credit profile. Projected five-year appreciation of $37,298 and $1,243/yr in principal reduction bring total cumulative return to $64,202.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 9.6% | 6.2% |
| Monthly Cash Flow | $254 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,024 |
| Total Monthly Debt Service | $768 |
| DSCR Ratio | 1.33x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1968
0.24 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58425, Cooperstown, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 748 (100%) |
| Owner Occupied HU | 443 (59.2%) |
| Renter Occupied HU | 146 (19.5%) |
| Vacant Housing Units | 159 (21.3%) |
| Median Home Value | $170,982 |
| Average Home Value | $260,000 |
Housing Distribution
Address Breakdown
Residential
443
Single Family
382
Multi-Family
61
Businesses
105
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
Single Family
Built in 1968
0.24 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58425, Cooperstown, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 748 (100%) |
| Owner Occupied HU | 443 (59.2%) |
| Renter Occupied HU | 146 (19.5%) |
| Vacant Housing Units | 159 (21.3%) |
| Median Home Value | $170,982 |
| Average Home Value | $260,000 |
Housing Distribution
Address Breakdown
Residential
443
Single Family
382
Multi-Family
61
Businesses
105
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tyler Heins • REAL (1531 FGO)
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6733800