402 Tulsa DrBismarckND58504
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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 402 Tulsa Dr, Bismarck, ND, 58504 uses $86,157 cash to close to unlock $9,039/yr annual cash flow and $753/mo monthly cash flow. Total monthly income runs $2,335/mo, and a $1,272/mo payment keeps the spread at $753/mo. Purchase price stands at $259,900, and rental yield measures 10.78% with $2,335/mo rent. Return on cash invested shows 30.4% in year one, and 5% annual appreciation builds toward $71,806 over five years. Five-year ROI reaches 159% and total cumulative return in cash records $136,990. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,335/mo property income covering a $1,272/mo payment rather than investor’s personal income.
Single Family
Built in 1972
9,147 sqft 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
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Listed by: AMY D HULLET • CENTURY 21 Morrison Realty
Mls Name: Great North MLS
Mls ID: #4022306