608 6th Ave NEWatford CityND58854
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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 608 6th Ave NE, Watford City, ND, 58854 listed at $580,000 pairs $2,831/mo rent with a $2,839/mo payment. Total monthly income runs $2,831/mo. Return on cash invested measures 15.66% in year one, and rental yield registers 5.86% at a $580,000 basis. Equity gained on principal adds $3,743/yr, and annual property appreciation at 5% supports $160,243 by year five. Five-year ROI tracks 79.91% and total cumulative return in cash totals $152,481. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,831/mo property income relative to a $2,839/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2012
0.34 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: Angie Moe • Basin Brokers Realtors
Mls Name: Great North MLS
Mls ID: #4021870