310 27th Ave NEWatford CityND58854
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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 310 27th Ave NE, Watford City, ND, 58854 uses $172,396 cash to close to unlock $883/yr annual cash flow and $74/mo monthly cash flow. Total monthly income runs $3,263/mo, and a $2,565/mo payment keeps the spread at $74/mo. Purchase price stands at $524,000, and rental yield measures 7.47% with $3,263/mo rent. Return on cash invested shows 20.57% in year one, and 5% annual appreciation builds toward $144,772 over five years. Five-year ROI reaches 106.23% and total cumulative return in cash records $183,139. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,263/mo property income covering a $2,565/mo payment rather than investor’s personal income.
Single Family
Built in 2014
9,583 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: #4019915
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.