12480 Woodland LnWatford CityND58854
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
Investment property for sale in Watford City at 12480 Woodland Ln, Watford City, ND, 58854 uses $157,463 cash to close to unlock $3,024/yr annual cash flow and $252/mo monthly cash flow. Total monthly income runs $3,143/mo, and a $2,325/mo payment keeps the spread at $252/mo. Purchase price stands at $475,000, and rental yield measures 7.94% with $3,143/mo rent. Return on cash invested shows 21.83% in year one, and 5% annual appreciation builds toward $131,234 over five years. Five-year ROI reaches 113% and total cumulative return in cash records $177,931. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,143/mo property income covering a $2,325/mo payment rather than investor’s personal income.
Single Family
Built in 2015
1.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58854, Watford City, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,191 (100%) |
| Owner Occupied HU | 1,525 (29.4%) |
| Renter Occupied HU | 2,055 (39.6%) |
| Vacant Housing Units | 1,611 (31.0%) |
| Median Home Value | $387,177 |
| Average Home Value | $424,352 |
Housing Distribution
Address Breakdown
Residential
3,584
Single Family
3,448
Multi-Family
136
Businesses
410
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Katie B Tschetter • ERA American Real Estate
Mls Name: Badlands BOR
Mls Provider:
Mls ID: #25-667
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.