1066 Pleasant StBismarckND58504
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid fundamentals define the investment case at 1066 Pleasant St, Bismarck, ND, 58504 in Bismarck: $1,664/mo in rent, $386/mo in net income, 9.51% gross yield, 1.76 DSCR, all at $210,000. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $58,019 in appreciation and $1,934/yr in principal paydown projects total cumulative return of $104,395.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.5% | 6.2% |
| Monthly Cash Flow | $386 | $850 |
City averages based on Bismarck market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,664 |
| Total Monthly Debt Service | $1,195 |
| DSCR Ratio | 1.39x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1977
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58504, Bismarck, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,646 (100%) |
| Owner Occupied HU | 8,620 (68.2%) |
| Renter Occupied HU | 3,210 (25.4%) |
| Vacant Housing Units | 816 ( 6.5%) |
| Median Home Value | $329,709 |
| Average Home Value | $354,917 |
Housing Distribution
Address Breakdown
Residential
12,432
Single Family
8,904
Multi-Family
3,528
Businesses
1,122
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
Condo
Built in 1977
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58504, Bismarck, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,646 (100%) |
| Owner Occupied HU | 8,620 (68.2%) |
| Renter Occupied HU | 3,210 (25.4%) |
| Vacant Housing Units | 816 ( 6.5%) |
| Median Home Value | $329,709 |
| Average Home Value | $354,917 |
Housing Distribution
Address Breakdown
Residential
12,432
Single Family
8,904
Multi-Family
3,528
Businesses
1,122
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Caitlin Jangula • GOLDSTONE REALTY
Mls Name: Great North MLS
Mls ID: #4020791