318 W C AveBismarckND58501
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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 318 W C Ave, Bismarck, ND, 58501 priced at $257,000 pairs $1,350/mo rent with after a $1,258/mo payment. Total monthly income equals $1,350/mo. Return on cash invested is 16.89% in year one, and rental yield stands at 6.3% on a $257,000 basis. Equity gained on principal adds $1,658/yr, and 5% annual appreciation accumulates to $71,004 by year five. Five-year ROI measures 86.53% and total cumulative return in cash reaches $73,716. For financing, Ziffy Mortgage’s DSCR program evaluates $1,350/mo property income against a $1,258/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1941
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58501, Bismarck, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,106 (100%) |
| Owner Occupied HU | 7,376 (52.3%) |
| Renter Occupied HU | 5,445 (38.6%) |
| Vacant Housing Units | 1,285 ( 9.1%) |
| Median Home Value | $307,027 |
| Average Home Value | $339,224 |
Housing Distribution
Address Breakdown
Residential
13,152
Single Family
9,577
Multi-Family
3,575
Businesses
1,174
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Listed by: TRICIA LUCK • NEXTHOME LEGENDARY PROPERTIES
Mls Name: Great North MLS
Mls ID: #4021089