629 Parkway Ln ENorthwoodND58267
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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
Investment Highlights
Rental property for sale in Northwood at 629 Parkway Ln E, Northwood, ND, 58267 priced at $449,900 pairs $0/mo rent with after a $2,202/mo payment. Total monthly income equals $0/mo. Return on cash invested is -2.12% in year one, and rental yield stands at 0% on a $449,900 basis. Equity gained on principal adds $2,903/yr, and 5% annual appreciation accumulates to $124,299 by year five. For financing, Ziffy Mortgage’s DSCR program evaluates $0/mo property income against a $2,202/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2025
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58267, Northwood, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 677 (100%) |
| Owner Occupied HU | 483 (71.3%) |
| Renter Occupied HU | 107 (15.8%) |
| Vacant Housing Units | 87 (12.9%) |
| Median Home Value | $281,875 |
| Average Home Value | $325,067 |
Housing Distribution
Address Breakdown
Residential
297
Single Family
288
Multi-Family
9
Businesses
60
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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Listed by: Stephanie Ostlie • INSPIRE HOMES & REAL ESTATE
Mls Name: GFBMLS
Mls Provider:
Mls ID: #25-458
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.