724 Briggs Ave SPark RiverND58270
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 724 Briggs Ave S, Park River, ND, 58270 in Park River. At $155,000 it earns $1,182/mo in rent and distributes $239/mo to the owner after the $697/mo payment, a consistent 9.15% yield. DSCR 1.70 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $42,824 in value; $1,428/yr in principal paydown compounds ownership stake. Total projected return: $74,094.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 9.2% | 6.2% |
| Monthly Cash Flow | $239 | $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 | $1,182 |
| Total Monthly Debt Service | $882 |
| DSCR Ratio | 1.34x |
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.
Single Family
Built in 1957
N/A 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
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 1957
N/A 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
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: GFBMLS
Mls ID: #26-192