1609 N 33rd St APT 1BismarckND58501
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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
Total monthly income runs $1,666/mo, and a $1,938/mo payment. Purchase price stands at $395,900, and rental yield measures 5.05% with $1,666/mo rent. Return on cash invested shows 13.11% in year one, and 5% annual appreciation builds toward $109,380 over five years. Five-year ROI reaches 66.26% and total cumulative return in cash records $86,965. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,666/mo property income covering a $1,938/mo payment rather than investor’s personal income.
Condo
Built in 2004
0.96 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: HEIDI M STEIN • BIANCO REALTY, INC.
Mls Name: Great North MLS
Mls ID: #4020679