516 3rd St NEWatford CityND58854
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 516 3rd St NE, Watford City, ND, 58854 earns from $1,374/mo rent with a $1,713/mo payment. Total monthly income totals $1,374/mo. ROI tracks 12.09% on current figures, and rental yield reads 4.71% at a $350,000 purchase. Equity gained on principal adds $2,258/yr, and 5% annual appreciation supports $96,699 over five years. Five-year ROI reaches 60.76% and total cumulative return in cash sums $70,502. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,374/mo property income instead of your personal income.
Single Family
Built in 1960
8,400 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Katie B Tschetter • ERA American Real Estate
Mls Name: Badlands BOR
Mls Provider:
Mls ID: #25-642
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.