2609 18th 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
Investment property for sale in Williston at 2609 18th Ave W, Williston, ND, 58801 offers a 9.19% rental yield on a $150,000 purchase with $1,149/mo rent. Total monthly income registers $1,149/mo, and a $734/mo payment leaves $236/mo available for distribution. Annual cash flow reaches $2,835/yr on $49,725 to close, and return on cash invested stands at 25.61% in year one. Equity gained on principal adds $968/yr while 5% annual appreciation supports $41,442 over five years. Portfolio math shows five-year ROI at 133.37% and total cumulative return in cash at $66,318. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,149/mo property income against a $734/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1980
1,742 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
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Listed by: Jennifer R Schimetz • NextHome Fredricksen Real Estate
Mls Name: Great North MLS
Mls ID: #4021215