122 E Kavaney DrCity Of BismarckND58501
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
Investment Highlights
Rental property for sale in City Of Bismarck at 122 E Kavaney Dr, City Of Bismarck, ND, 58501 priced at $399,900 converts $2,564/mo rent into $130/mo cash flow after a $1,957/mo obligation. Total monthly income equals $2,564/mo, and annual cash flow totals $1,565/yr on $132,567 invested. Return on cash invested prints 21.09% in year one, and rental yield reads 7.69% against a $399,900 entry. Equity gained on principal adds $2,580/yr, while 5% annual appreciation compiles into $110,485 by year five. Five-year ROI reaches 109.06% and total cumulative return in cash sums $144,572. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,564/mo property income covering a $1,957/mo payment, not borrower’s personal income.
Single Family
Built in 1963
9,147 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: MISSY MORITZ • BIANCO REALTY, INC.
Mls Name: Great North MLS
Mls ID: #4020108
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed.