1306 N 4th StBismarckND58501
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
Investment property for sale in Bismarck at 1306 N 4th St, Bismarck, ND, 58501 uses $71,273 cash to close to unlock $2,061/yr annual cash flow and $172/mo monthly cash flow. Total monthly income runs $1,680/mo, and a $1,052/mo payment keeps the spread at $172/mo. Purchase price stands at $215,000, and rental yield measures 9.38% with $1,680/mo rent. Return on cash invested shows 22.8% in year one, and 5% annual appreciation builds toward $59,401 over five years. Five-year ROI reaches 119.46% and total cumulative return in cash records $85,141. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,680/mo property income covering a $1,052/mo payment rather than investor’s personal income.
Condo
Built in 1997
7,405 sqft lot
$N/A/sqft
$200 monthly 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: AMY D HULLET • CENTURY 21 Morrison Realty
Mls Name: Great North MLS
Mls ID: #4018343
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.