2900 Ontario LnBismarckND58503
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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 $851/mo, and a $538/mo payment. Purchase price stands at $109,900, and rental yield measures 9.29% with $851/mo rent. Return on cash invested shows 18.33% in year one, and 5% annual appreciation builds toward $30,363 over five years. Five-year ROI reaches 97.18% and total cumulative return in cash records $35,404. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $851/mo property income covering a $538/mo payment rather than investor’s personal income.
Condo
Built in 1981
435.60 sqft lot
$N/A/sqft
$230 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58503, Bismarck, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,045 (100%) |
| Owner Occupied HU | 11,533 (71.9%) |
| Renter Occupied HU | 3,639 (22.7%) |
| Vacant Housing Units | 873 ( 5.4%) |
| Median Home Value | $408,045 |
| Average Home Value | $431,276 |
Housing Distribution
Address Breakdown
Residential
16,505
Single Family
12,174
Multi-Family
4,331
Businesses
839
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Listed by: Amber L Enriquez • Paramount Real Estate
Mls Name: Great North MLS
Mls ID: #4019623
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.