138 E Lake Dr, Ellendale, ND, 58436 | 6.13% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Ellendale at 138 E Lake Dr, Ellendale, ND, 58436 listed at $174,900 pairs $893/mo rent with a $856/mo payment. Total monthly income runs $893/mo. Return on cash invested measures 16.36% in year one, and rental yield registers 6.13% at a $174,900 basis. Equity gained on principal adds $1,129/yr, and annual property appreciation at 5% supports $48,322 by year five. Five-year ROI tracks 83.72% and total cumulative return in cash totals $48,540. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $893/mo property income relative to a $856/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Manufactured

Built in 2016

0.27 Acres lot

$N/A/sqft

No HOA