3151 N 19th StBismarckND58503
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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 3151 N 19th St, Bismarck, ND, 58503 generates $2,233/mo in rent and, after a $1,458/mo payment, leaves $420/mo in cash flow. Total monthly income is $2,233/mo, and annual cash flow is $5,040/yr on $98,754 invested. Return on cash invested sits at 25.01% in year one, and rental yield is 8.99% on a $297,900 entry. Equity gained on principal adds $1,922/yr, while 5% annual appreciation builds toward $82,304 over five years. Five-year ROI reaches 130.06% and total cumulative return in cash sums $128,437. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,233/mo property income rather than buyer’s personal income.
Townhouse
Built in 1994
6,098 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: Sara Kunick • CENTURY 21 Morrison Realty
Mls Name: Great North MLS
Mls ID: #4018278
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.