6881 2nd Avenue Cir 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 6881 2nd Avenue Cir E, Williston, ND, 58801 offers a 8.17% rental yield on a $599,999 purchase with $4,087/mo rent. Total monthly income registers $4,087/mo, and a $2,937/mo payment leaves $435/mo available for distribution. Annual cash flow reaches $5,220/yr on $197,400 to close, and return on cash invested stands at 22.7% in year one. Equity gained on principal adds $3,872/yr while 5% annual appreciation supports $165,769 over five years. Portfolio math shows five-year ROI at 117.65% and total cumulative return in cash at $232,247. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,087/mo property income against a $2,937/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2008
0.87 Acres 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: Kimberly Semenko • NextHome Fredricksen Real Estate
Mls Name: Great North MLS
Mls ID: #4019431