519 Dover 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
Rental property for sale in Bismarck at 519 Dover Dr, Bismarck, ND, 58504 priced at $121,000 converts $916/mo rent into after a $592/mo obligation. Total monthly income equals $916/mo. Return on cash invested prints 1.18% in year one, and rental yield reads 9.08% against a $121,000 entry. Equity gained on principal adds $781/yr, while 5% annual appreciation compiles into $33,430 by year five. Five-year ROI reaches 11% and total cumulative return in cash sums $4,413. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $916/mo property income covering a $592/mo payment, not borrower’s personal income.
Manufactured
Built in 2024
N/A lot
$N/A/sqft
$806 monthly 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: Silas Jackson • Capital Real Estate Partners
Mls Name: Great North MLS
Mls ID: #4020268
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.