139 Riverside Park RdBismarckND58504
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow139 Riverside Park Rd, Bismarck, ND, 58504 in Bismarck is a solid income-producing rental, 10.16% gross yield, $1,403/mo rent, $394/mo net cash flow on a $165,700 buy. DSCR 1.88 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $45,780 and $1,526/yr in principal reduction project a total cumulative return of $88,180.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.2% | 6.2% |
| Monthly Cash Flow | $394 | $850 |
City averages based on Bismarck market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,403 |
| Total Monthly Debt Service | $943 |
| DSCR Ratio | 1.49x |
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 1972
0.69 Acres 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 1972
0.69 Acres 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: N/A • N/A
Mls Name: undefined
Mls ID: #N/A