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Small electric water heater as heat source

I will be heating a 400sq foot fully insulated basement of a completed two story.

Air temp gets to about 57 in the winter with maybe one forced air ceiling vent open so I don't need to make lots of heat.

My question is can I use a 10 or maybe 30 gal 3000 watt electric water heater for this system?

Do I really needa 40 gallon gas water heater as I can do it as I have the gas but it would be way eaisier to just go electric but if it is going to cost a fortune to run or just not work it is not work it.

Thanks for any help on this.


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