824 Bridgeport 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 824 Bridgeport Dr, Bismarck, ND, 58504 offers a 8.75% rental yield on a $247,900 purchase with $1,807/mo rent. Total monthly income registers $1,807/mo, and a $1,213/mo payment leaves $149/mo available for distribution. Annual cash flow reaches $1,783/yr on $82,179 to close, and return on cash invested stands at 22.08% in year one. Equity gained on principal adds $1,600/yr while 5% annual appreciation supports $68,490 over five years. Portfolio math shows five-year ROI at 115.15% and total cumulative return in cash at $94,631. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,807/mo property income against a $1,213/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1999
871.20 sqft lot
$N/A/sqft
$150 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: JUDY MASLOWSKI • BIANCO REALTY, INC.
Mls Name: Great North MLS
Mls ID: #4018422
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.