87 Lake Dr WEllendaleND58436
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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 Ellendale at 87 Lake Dr W, Ellendale, ND, 58436 with 5% annual appreciation on a $149,000 basis while $0/mo rent supports operations. 12% in year one. Equity gained on principal adds $961/yr, and five-year appreciation sums $41,166 alongside rental yield of 0%. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $0/mo property income versus a $729/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1950
0.91 Acres lot
$N/A/sqft
No HOA
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No similar rental properties found nearby.
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Listed by: Michael J Janke • Century 21 Morrison Realty
Mls Name: Great North MLS
Mls ID: #4021451
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