314 Lennox DrBismarckND58504
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
Rental property for sale in Bismarck at 314 Lennox Dr, Bismarck, ND, 58504 offers $3,198/mo rent that, after a $3,671/mo payment. Total monthly income is $3,198/mo. Return on cash invested measures 13.41% in year one, and rental yield stands at 5.12% at a $750,000 entry. Equity gained on principal adds $4,840/yr while 5% annual appreciation compounds into $207,211 by year five. Five-year ROI records 67.85% and total cumulative return in cash reaches $167,430. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,198/mo property income versus a $3,671/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
0.35 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: Jenessa M Wickline • Realty One Group - Encore
Mls Name: Great North MLS
Mls ID: #4022712