405 4th St NWWatford 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 405 4th St NW, Watford City, ND, 58854 earns $947/mo cash flow from $2,796/mo rent with a $1,487/mo payment. Total monthly income totals $2,796/mo, and annual cash flow totals $11,362/yr on $100,743 capital. ROI tracks 31.19% on current figures, and rental yield reads 11.04% at a $303,900 purchase. Equity gained on principal adds $1,961/yr, and 5% annual appreciation supports $83,962 over five years. Five-year ROI reaches 163.18% and total cumulative return in cash sums $164,388. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,796/mo property income instead of your personal income.
Single Family
Built in 1977
9,365 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: BONNIE DOMSTEEN • Century 21 Morrison Realty
Mls Name: Minot MLS
Mls ID: #260126