315 Versailles AveBismarckND58503
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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
Investment property for sale in Bismarck at 315 Versailles Ave, Bismarck, ND, 58503 with 5% annual appreciation on a $379,900 basis while $2,888/mo rent supports operations. Total monthly income totals $2,888/mo and a $1,859/mo payment preserves $576/mo for cash returns. Annual cash flow comes to $6,915/yr on $125,937 deployed, and return on cash invested reaches 25.4% in year one. Equity gained on principal adds $2,451/yr, and five-year appreciation sums $104,959 alongside rental yield of 9.12%. Five-year ROI measures 132.18% and total cumulative return in cash totals $166,457.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,888/mo property income versus a $1,859/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 2007
9,147 sqft lot
$N/A/sqft
No 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: JAMES A GUTTORMSON • Better Homes and Gardens Real Estate Alliance Group
Mls Name: Great North MLS
Mls ID: #4022997