4124 Lorrain 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 4124 Lorrain Pl, Bismarck, ND, 58503 earns $224/mo cash flow from $2,243/mo rent with a $1,624/mo payment. Total monthly income totals $2,243/mo, and annual cash flow totals $2,683/yr on $109,992 capital. ROI tracks 22.35% on current figures, and rental yield reads 8.11% at a $331,800 purchase. Equity gained on principal adds $2,141/yr, and 5% annual appreciation supports $91,670 over five years. Five-year ROI reaches 115.81% and total cumulative return in cash sums $127,380. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,243/mo property income instead of your personal income.
Single Family
Built in 2014
4,740 sqft 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: Olivia (Liv) Wellenstein • Continental Real Estate, Inc.
Mls Name: Badlands BOR
Mls Provider:
Mls ID: #25-987
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.