223 W Front AveBismarckND58504
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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
Rental property for sale in Bismarck at 223 W Front Ave, Bismarck, ND, 58504 priced at $185,000 pairs $1,813/mo rent with $688/mo cash flow after a $905/mo payment. Total monthly income equals $1,813/mo, and annual cash flow comes to $8,250/yr on $61,328 invested. Return on cash invested is 33.36% in year one, and rental yield stands at 11.76% on a $185,000 basis. Equity gained on principal adds $1,194/yr, and 5% annual appreciation accumulates to $51,112 by year five. Five-year ROI measures 174.86% and total cumulative return in cash reaches $107,235. For financing, Ziffy Mortgage’s DSCR program evaluates $1,813/mo property income against a $905/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1905
5,227 sqft 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
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Listed by: JAMIE SCHMIDT • TRADEMARK REALTY
Mls Name: Great North MLS
Mls ID: #4022556