401 5th 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 401 5th Ave NE, Watford City, ND, 58854 listed at $499,000 pairs $2,570/mo rent with a $2,442/mo payment. Total monthly income runs $2,570/mo. Return on cash invested measures 16.52% in year one, and rental yield registers 6.18% at a $499,000 basis. Equity gained on principal adds $3,220/yr, and annual property appreciation at 5% supports $137,865 by year five. Five-year ROI tracks 84.56% and total cumulative return in cash totals $139,878. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,570/mo property income relative to a $2,442/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1959
0.25 Acres 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: Heather Douglas • REAL
Mls Name: Great North MLS
Mls ID: #4018637
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.