1716 1st Ave WWillistonND58801
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeNot flashy, but dependably profitable, 1716 1st Ave W, Williston, ND, 58801 in Williston is listed at $249,900 and delivers $1,785/mo in rent and $264/mo in net monthly cash flow. The 8.57% yield and 1.59 DSCR provide the underwriting comfort Ziffy Mortgage needs to approve a DSCR loan without W-2 or tax-return documentation. Projected 5% annual appreciation adds $69,043 over five years, and $2,302/yr in principal reduction supplements cash return. Total projected cumulative return: $111,653.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.6% | 6.0% |
| Monthly Cash Flow | $264 | $300 |
City averages based on Williston market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $1,785 |
| Total Monthly Debt Service | $1,422 |
| DSCR Ratio | 1.26x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1957
6,534 sqft 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
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
Single Family
Built in 1957
6,534 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Great North MLS
Mls ID: #4024694