3515 Palmer PlBismarckND58503
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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 3515 Palmer Pl, Bismarck, ND, 58503 earns from $4,229/mo rent with a $3,866/mo payment. Total monthly income totals $4,229/mo. ROI tracks 17.39% on current figures, and rental yield reads 6.42% at a $789,900 purchase. Equity gained on principal adds $5,097/yr, and 5% annual appreciation supports $218,235 over five years. Five-year ROI reaches 89.16% and total cumulative return in cash sums $231,713. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,229/mo property income instead of your personal income.
Multi Family
Built in 2022
0.36 Acres 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: PATRICK KOSKI • Realty One Group - Encore
Mls Name: Great North MLS
Mls ID: #4020503