215 Dove StBismarckND58504
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 215 Dove St, Bismarck, ND, 58504 uses $34,808 cash to close to unlock $2,242/yr annual cash flow and $187/mo monthly cash flow. Total monthly income runs $826/mo, and a $514/mo payment keeps the spread at $187/mo. Purchase price stands at $105,000, and rental yield measures 9.44% with $826/mo rent. Return on cash invested shows 26.35% in year one, and 5% annual appreciation builds toward $29,010 over five years. Five-year ROI reaches 137.29% and total cumulative return in cash records $47,786. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $826/mo property income covering a $514/mo payment rather than investor’s personal income.
Manufactured
Built in 2000
N/A 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: Travis L Huber • Realty One Group - Encore
Mls Name: Great North MLS
Mls ID: #4022781