824 E Capitol AveBismarckND58501
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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 824 E Capitol Ave, Bismarck, ND, 58501 earns $953/mo cash flow from $3,205/mo rent with a $1,811/mo payment. Total monthly income totals $3,205/mo, and annual cash flow totals $11,437/yr on $122,655 capital. ROI tracks 29.23% on current figures, and rental yield reads 10.39% at a $369,999 purchase. Equity gained on principal adds $2,388/yr, and 5% annual appreciation supports $102,224 over five years. Five-year ROI reaches 152.74% and total cumulative return in cash sums $187,337. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,205/mo property income instead of your personal income.
Single Family
Built in 1977
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58501, Bismarck, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,106 (100%) |
| Owner Occupied HU | 7,376 (52.3%) |
| Renter Occupied HU | 5,445 (38.6%) |
| Vacant Housing Units | 1,285 ( 9.1%) |
| Median Home Value | $307,027 |
| Average Home Value | $339,224 |
Housing Distribution
Address Breakdown
Residential
13,152
Single Family
9,577
Multi-Family
3,575
Businesses
1,174
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Listed by: CRYSTAL NEUMANN • CORE Real Estate Advisors
Mls Name: Great North MLS
Mls ID: #4021808