3513 9th 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 3513 9th Ave NE, Watford City, ND, 58854 earns $770/mo cash flow from $2,578/mo rent with a $1,454/mo payment. Total monthly income totals $2,578/mo, and annual cash flow totals $9,241/yr on $98,456 capital. ROI tracks 29.29% on current figures, and rental yield reads 10.42% at a $297,000 purchase. Equity gained on principal adds $1,916/yr, and 5% annual appreciation supports $82,056 over five years. Five-year ROI reaches 153.08% and total cumulative return in cash sums $150,714. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,578/mo property income instead of your personal income.
Single Family
Built in 2014
6,534 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: Linda Bone • eXp Realty
Mls Name: Great North MLS
Mls ID: #4020070
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.