7119 Rock Creek RdBismarckND58503
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderSolid fundamentals define the investment case at 7119 Rock Creek Rd, Bismarck, ND, 58503 in Bismarck: $1,758/mo in rent, $205/mo in net income, 7.88% gross yield, 0.92 DSCR, all at $424,900. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $117,392 in appreciation and $3,913/yr in principal paydown projects total cumulative return of $107,630.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.9% | 6.2% |
| Monthly Cash Flow | $205 | $850 |
City averages based on Bismarck market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,758 |
| Total Monthly Debt Service | $2,417 |
| DSCR Ratio | 0.73x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2004
1.50 Acres 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
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
Single Family
Built in 2004
1.50 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: HEIDI HILZENDEGER • NEXTHOME LEGENDARY PROPERTIES
Mls Name: Great North MLS
Mls ID: #4018731
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.