622 Code Ave SPark RiverND58270
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayNot all U.S. investment properties are valued for current income. 622 Code Ave S, Park River, ND, 58270 in Park River at $225,000, 0% gross yield, is a market-growth asset. Rental yield 0%. The $0/mo rent partially funds the $1,012/mo debt service; the core return is the 5%/yr price growth projected to add $62,163 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 1900
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58270, Park River, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 971 (100%) |
| Owner Occupied HU | 637 (65.6%) |
| Renter Occupied HU | 203 (20.9%) |
| Vacant Housing Units | 131 (13.5%) |
| Median Home Value | $144,500 |
| Average Home Value | $175,805 |
Housing Distribution
Address Breakdown
Residential
726
Single Family
666
Multi-Family
60
Businesses
105
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 1900
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58270, Park River, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 971 (100%) |
| Owner Occupied HU | 637 (65.6%) |
| Renter Occupied HU | 203 (20.9%) |
| Vacant Housing Units | 131 (13.5%) |
| Median Home Value | $144,500 |
| Average Home Value | $175,805 |
Housing Distribution
Address Breakdown
Residential
726
Single Family
666
Multi-Family
60
Businesses
105
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: GFBMLS
Mls ID: #25-1780