549 16th Ave NWTurtle LakeND58575
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayMarkets with strong demand fundamentals often produce low-yield, high-appreciation assets. 549 16th Ave NW, Turtle Lake, ND, 58575 in Turtle Lake fits: $485,000, 0% gross yield, and a projected 5% annual appreciation rate adding $133,997 in value within five years. Rental yield 0%. The narrow rent-to-debt spread is the trade-off for market growth. Ziffy Mortgage's DSCR loan (0.00) finances non-U.S. buyers without personal income documentation; optimise coverage with a 30–35% down payment.
| 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 1976
9.81 Acres 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
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 1976
9.81 Acres 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
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: TOM W WELLIN • CENTURY 21 Morrison Realty
Mls Name: Great North MLS
Mls ID: #4020086
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. The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed.