14275 Painted Woods DrWillistonND58801
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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 Williston at 14275 Painted Woods Dr, Williston, ND, 58801 uses $99,119 cash to close to unlock $3,200/yr annual cash flow and $267/mo monthly cash flow. Total monthly income runs $2,086/mo, and a $1,463/mo payment keeps the spread at $267/mo. Purchase price stands at $299,000, and rental yield measures 8.37% with $2,086/mo rent. Return on cash invested shows 23.14% in year one, and 5% annual appreciation builds toward $82,608 over five years. Five-year ROI reaches 120.04% and total cumulative return in cash records $118,978. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,086/mo property income covering a $1,463/mo payment rather than investor’s personal income.
Manufactured
Built in 2008
1.84 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58801, Williston, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,343 (100%) |
| Owner Occupied HU | 6,290 (36.3%) |
| Renter Occupied HU | 7,527 (43.4%) |
| Vacant Housing Units | 3,526 (20.3%) |
| Median Home Value | $305,615 |
| Average Home Value | $335,279 |
Housing Distribution
Address Breakdown
Residential
15,620
Single Family
12,975
Multi-Family
2,645
Businesses
983
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Listed by: Gabriel C Black • NextHome Fredricksen Real Estate
Mls Name: Great North MLS
Mls ID: #4022386