220 Church StFlasherND58535
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowFew Flasher rentals match the income profile of 220 Church St, Flasher, ND, 58535. Listed at $120,000, gross rent is $1,238/mo and net cash flow is $508/mo, a 12.38% yield well above national averages. DSCR 2.29 means Ziffy Mortgage can approve your loan on the property's income alone, bypassing personal income verification. The 5% annual appreciation trend adds $33,154 by year five with $1,105/yr in annual principal reduction, projecting $78,093 in total cumulative return.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 12.4% | 6.2% |
| Monthly Cash Flow | $508 | $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 | $1,238 |
| Total Monthly Debt Service | $683 |
| DSCR Ratio | 1.81x |
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.
Multi Family
Built in 1981
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58535, Flasher, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 307 (100%) |
| Owner Occupied HU | 206 (67.1%) |
| Renter Occupied HU | 30 ( 9.8%) |
| Vacant Housing Units | 71 (23.1%) |
| Median Home Value | $254,545 |
| Average Home Value | $320,837 |
Housing Distribution
Address Breakdown
Residential
228
Single Family
218
Multi-Family
10
Businesses
23
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
Multi Family
Built in 1981
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58535, Flasher, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 307 (100%) |
| Owner Occupied HU | 206 (67.1%) |
| Renter Occupied HU | 30 ( 9.8%) |
| Vacant Housing Units | 71 (23.1%) |
| Median Home Value | $254,545 |
| Average Home Value | $320,837 |
Housing Distribution
Address Breakdown
Residential
228
Single Family
218
Multi-Family
10
Businesses
23
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Great North MLS
Mls ID: #4022999