238 2nd Ave NWKilldeerND58640
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingCapital preservation and steady income define 238 2nd Ave NW, Killdeer, ND, 58640 in Killdeer. Rental yield 6.73%. The 1.25 coverage passes Ziffy Mortgage's DSCR threshold for non-U.S. residents. Five-year appreciation of $69,070 and $2,303/yr in principal reduction project total return of $87,049.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 6.7% | 6.2% |
| Monthly Cash Flow | $(120) | $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 | $1,402 |
| Total Monthly Debt Service | $1,422 |
| DSCR Ratio | 0.99x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 1951
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58640, Killdeer, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 902 (100%) |
| Owner Occupied HU | 487 (54.0%) |
| Renter Occupied HU | 190 (21.1%) |
| Vacant Housing Units | 225 (24.9%) |
| Median Home Value | $352,913 |
| Average Home Value | $401,663 |
Housing Distribution
Address Breakdown
Residential
508
Single Family
508
Multi-Family
0
Businesses
128
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 1951
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58640, Killdeer, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 902 (100%) |
| Owner Occupied HU | 487 (54.0%) |
| Renter Occupied HU | 190 (21.1%) |
| Vacant Housing Units | 225 (24.9%) |
| Median Home Value | $352,913 |
| Average Home Value | $401,663 |
Housing Distribution
Address Breakdown
Residential
508
Single Family
508
Multi-Family
0
Businesses
128
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Angie Moe • Basin Brokers Realtors
Mls Name: Great North MLS
Mls ID: #4020659