698 20th Ave NWTurtle LakeND58575
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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
Investment property for sale in Turtle Lake at 698 20th Ave NW, Turtle Lake, ND, 58575 earns from $0/mo rent with a $2,379/mo payment. Total monthly income totals $0/mo. ROI tracks -2.12% on current figures, and rental yield reads 0% at a $486,000 purchase. Equity gained on principal adds $3,136/yr, and 5% annual appreciation supports $134,273 over five years. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $0/mo property income instead of your personal income.
Single Family
Built in 1997
5.83 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
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No similar rental properties found nearby.
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Listed by: LONNA QUAST • BIANCO REALTY, INC.
Mls Name: Great North MLS
Mls ID: #4020970