120 Fairway CtBismarckND58501
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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 Bismarck at 120 Fairway Ct, Bismarck, ND, 58501 with 5% annual appreciation on a $399,900 basis while $2,375/mo rent supports operations. 38% in year one. Equity gained on principal adds $2,580/yr, and five-year appreciation sums $110,485 alongside rental yield of 7.13%. Five-year ROI measures 99.87% and total cumulative return in cash totals $132,392. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,375/mo property income versus a $1,957/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 1980
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58501, Bismarck, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,106 (100%) |
| Owner Occupied HU | 7,376 (52.3%) |
| Renter Occupied HU | 5,445 (38.6%) |
| Vacant Housing Units | 1,285 ( 9.1%) |
| Median Home Value | $307,027 |
| Average Home Value | $339,224 |
Housing Distribution
Address Breakdown
Residential
13,152
Single Family
9,577
Multi-Family
3,575
Businesses
1,174
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Listed by: CHRIS MORRIS • CENTURY 21 Morrison Realty
Mls Name: Great North MLS
Mls ID: #4020093