314 4th StRiverdaleND58565
INVESTMENT ANALYSIS
Investment Verdict
Appreciation Play314 4th St, Riverdale, ND, 58565 in Riverdale is priced for appreciation, not yield. Rental yield 1.37%. At $729,900 with a 1.37% gross yield, the monthly income is modest, but 5% annual price growth is projected to add $201,658 in value over five years, making equity the primary return driver. Ziffy Mortgage's DSCR mortgage (0.25) can still finance this property for non-U.S. residents; a 30–35% down payment typically produces the cleanest underwriting for appreciation-focused assets. Total projected cumulative return: $44,224.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 1.4% | 6.2% |
| Monthly Cash Flow | $(3,609) | $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 | $833 |
| Total Monthly Debt Service | $4,152 |
| DSCR Ratio | 0.20x |
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.
Multi Family
Built in 1951
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58565, Riverdale, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 199 (100%) |
| Owner Occupied HU | 100 (50.3%) |
| Renter Occupied HU | 8 ( 4.0%) |
| Vacant Housing Units | 91 (45.7%) |
| Median Home Value | $267,308 |
| Average Home Value | $461,600 |
Housing Distribution
Address Breakdown
Residential
52
Single Family
52
Multi-Family
0
Businesses
18
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
Multi Family
Built in 1951
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58565, Riverdale, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 199 (100%) |
| Owner Occupied HU | 100 (50.3%) |
| Renter Occupied HU | 8 ( 4.0%) |
| Vacant Housing Units | 91 (45.7%) |
| Median Home Value | $267,308 |
| Average Home Value | $461,600 |
Housing Distribution
Address Breakdown
Residential
52
Single Family
52
Multi-Family
0
Businesses
18
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Dana J Oukrop • Paramount Real Estate
Mls Name: Great North MLS
Mls ID: #4020626