700 Koenig DrBismarckND58504
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 700 Koenig Dr, Bismarck, ND, 58504 at $479,900 posts ROI 18.92% with from $2,790/mo rent. Total monthly income equals $2,790/mo. Return on cash invested measures 18.92% and rental yield reads 6.98% at the current $479,900. Equity gained on principal adds $3,097/yr, and 5% annual appreciation supports $132,588 by year five. Five-year ROI prints 97.44% and total cumulative return in cash totals $155,013. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,790/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2025
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Noah Spitzer • Realty One Group - Encore
Mls Name: Great North MLS
Mls ID: #4022773