304 8th St NWWatford CityND58854
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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 304 8th St NW, Watford City, ND, 58854 earns $248/mo cash flow from $2,287/mo rent with a $1,640/mo payment. Total monthly income totals $2,287/mo, and annual cash flow totals $2,973/yr on $111,053 capital. ROI tracks 22.59% on current figures, and rental yield reads 8.19% at a $335,000 purchase. Equity gained on principal adds $2,162/yr, and 5% annual appreciation supports $92,554 over five years. Five-year ROI reaches 117.07% and total cumulative return in cash sums $130,004. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,287/mo property income instead of your personal income.
Townhouse
Built in 2013
4,791 sqft 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
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Listed by: Troy Knutson • ERA American Real Estate
Mls Name: Great North MLS
Mls ID: #4023355