404 Eggert StTurtle LakeND58575
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
Investment Highlights
Rental property for sale in Turtle Lake at 404 Eggert St, Turtle Lake, ND, 58575 priced at $134,900 pairs $1,059/mo rent with $238/mo cash flow after a $660/mo payment. Total monthly income equals $1,059/mo, and annual cash flow comes to $2,859/yr on $44,719 invested. Return on cash invested is 26.3% in year one, and rental yield stands at 9.42% on a $134,900 basis. Equity gained on principal adds $870/yr, and 5% annual appreciation accumulates to $37,270 by year five. Five-year ROI measures 137.05% and total cumulative return in cash reaches $61,289. For financing, Ziffy Mortgage’s DSCR program evaluates $1,059/mo property income against a $660/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1967
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58575, Turtle Lake, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 775 (100%) |
| Owner Occupied HU | 351 (45.3%) |
| Renter Occupied HU | 62 ( 8.0%) |
| Vacant Housing Units | 362 (46.7%) |
| Median Home Value | $283,974 |
| Average Home Value | $371,681 |
Housing Distribution
Address Breakdown
Residential
249
Single Family
240
Multi-Family
9
Businesses
48
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Listed by: Brianne Miller • NORTHWEST REALTY GROUP
Mls Name: Great North MLS
Mls ID: #4022510