4837 Cornice LoopBismarckND58503
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
Investment property for sale in Bismarck at 4837 Cornice Loop, Bismarck, ND, 58503 earns $1,008/mo cash flow from $4,662/mo rent with a $2,838/mo payment. Total monthly income totals $4,662/mo, and annual cash flow totals $12,095/yr on $190,787 capital. ROI tracks 26.4% on current figures, and rental yield reads 9.65% at a $579,900 purchase. Equity gained on principal adds $3,742/yr, and 5% annual appreciation supports $160,216 over five years. Five-year ROI reaches 137.76% and total cumulative return in cash sums $262,825. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,662/mo property income instead of your personal income.
Single Family
Built in 2024
0.29 Acres lot
$N/A/sqft
$1,500 annually 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: Noah Spitzer • Realty One Group - Encore
Mls Name: Great North MLS
Mls ID: #4018844
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. The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed.