1811 15th Ave WWillistonND58801
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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
Rental property for sale in Williston at 1811 15th Ave W, Williston, ND, 58801 generates $1,728/mo in rent, after a $1,600/mo payment. Total monthly income is $1,728/mo. Return on cash invested sits at 16.18% in year one, and rental yield is 6.34% on a $326,900 entry. Equity gained on principal adds $2,109/yr, while 5% annual appreciation builds toward $90,316 over five years. Five-year ROI reaches 83.04% and total cumulative return in cash sums $89,985. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,728/mo property income rather than buyer’s personal income.
Townhouse
Built in 1996
4,791 sqft lot
$N/A/sqft
$75 monthly 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: Kassie M. Gorder • Basin Brokers Realtors
Mls Name: Great North MLS
Mls ID: #4018708
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. The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed.