411 E Turnpike AveBismarckND58501
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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
Investment property for sale in Bismarck at 411 E Turnpike Ave, Bismarck, ND, 58501 at $239,900 posts ROI 28.42% with $564/mo cash flow from $2,024/mo rent. Total monthly income equals $2,024/mo, and annual cash flow records $6,769/yr on $79,527 to close. Return on cash invested measures 28.42% and rental yield reads 10.12% at the current $239,900. Equity gained on principal adds $1,548/yr, and 5% annual appreciation supports $66,280 by year five. Five-year ROI prints 148.41% and total cumulative return in cash totals $118,027.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,024/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1960
7,840 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: Nicole DeKrey • VENTURE REAL ESTATE
Mls Name: Great North MLS
Mls ID: #4021828