413 3rd Ave EWillistonND58801
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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 Williston at 413 3rd Ave E, Williston, ND, 58801 listed at $385,000 pairs $2,478/mo rent with a $1,884/mo payment to leave $135/mo cash flow. Total monthly income runs $2,478/mo, and annual cash flow reaches $1,623/yr on $127,628 cash to close. Return on cash invested measures 21.18% in year one, and rental yield registers 7.72% at a $385,000 basis. Equity gained on principal adds $2,484/yr, and annual property appreciation at 5% supports $106,368 by year five. Five-year ROI tracks 109.55% and total cumulative return in cash totals $139,810. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,478/mo property income relative to a $1,884/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1920
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58801, Williston, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,343 (100%) |
| Owner Occupied HU | 6,290 (36.3%) |
| Renter Occupied HU | 7,527 (43.4%) |
| Vacant Housing Units | 3,526 (20.3%) |
| Median Home Value | $305,615 |
| Average Home Value | $335,279 |
Housing Distribution
Address Breakdown
Residential
15,620
Single Family
12,975
Multi-Family
2,645
Businesses
983
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Listed by: Alina Moraru • eXp Realty
Mls Name: Great North MLS
Mls ID: #4022978