305 2nd Ave WWatford CityND58831
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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 Watford City at 305 2nd Ave W, Watford City, ND, 58831 listed at $299,000 pairs $1,706/mo rent with a $1,463/mo payment. Total monthly income runs $1,706/mo. Return on cash invested measures 18.54% in year one, and rental yield registers 6.85% at a $299,000 basis. Equity gained on principal adds $1,929/yr, and annual property appreciation at 5% supports $82,608 by year five. Five-year ROI tracks 95.36% and total cumulative return in cash totals $94,522. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,706/mo property income relative to a $1,463/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 2012
0.86 Acres lot
$N/A/sqft
No HOA
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Listed by: Ryan Visser • ND Realty
Mls Name: Great North MLS
Mls ID: #4018505
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.