3212 Kenner LoopCity Of BismarckND58504
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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 City Of Bismarck at 3212 Kenner Loop, City Of Bismarck, ND, 58504 priced at $279,000 converts $1,634/mo rent into after a $1,366/mo obligation. Total monthly income equals $1,634/mo. Return on cash invested prints 17.27% in year one, and rental yield reads 7.03% against a $279,000 entry. Equity gained on principal adds $1,800/yr, while 5% annual appreciation compiles into $77,083 by year five. Five-year ROI reaches 89.22% and total cumulative return in cash sums $82,519. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,634/mo property income covering a $1,366/mo payment, not borrower’s personal income.
Townhouse
Built in 2015
2,178 sqft lot
$N/A/sqft
$1,500 annually 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
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Listed by: Jesse I Clooten • Better Homes and Gardens Real Estate Alliance Group
Mls Name: Great North MLS
Mls ID: #4019320
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.