501 Koenig 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 501 Koenig Dr, Bismarck, ND, 58504 with 5% annual appreciation on a $629,900 basis while $3,668/mo rent supports operations. 1% in year one. Equity gained on principal adds $4,065/yr, and five-year appreciation sums $174,030 alongside rental yield of 6.99%. Five-year ROI measures 98.35% and total cumulative return in cash totals $203,811. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,668/mo property income versus a $3,083/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2024
0.30 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
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Listed by: Jessica Silha • TRADEMARK REALTY
Mls Name: Great North MLS
Mls ID: #4023170