3616 Southridge LnBismarckND58504
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Total monthly income runs $2,738/mo, and a $2,569/mo payment. Purchase price stands at $524,900, and rental yield measures 6.26% with $2,738/mo rent. Return on cash invested shows 16.89% in year one, and 5% annual appreciation builds toward $145,020 over five years. Five-year ROI reaches 86.49% and total cumulative return in cash records $149,353. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,738/mo property income covering a $2,569/mo payment rather than investor’s personal income.
Single Family
Built in 2003
1.50 Acres lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: HEIDI HILZENDEGER • NEXTHOME LEGENDARY PROPERTIES
Mls Name: Great North MLS
Mls ID: #4020615