915 Calvert DrBismarckND58503
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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 915 Calvert Dr, Bismarck, ND, 58503 generates $2,670/mo in rent and, after a $1,762/mo payment, leaves $479/mo in cash flow. Total monthly income is $2,670/mo, and annual cash flow is $5,749/yr on $119,307 invested. Return on cash invested sits at 24.73% in year one, and rental yield is 8.9% on a $359,900 entry. Equity gained on principal adds $2,322/yr, while 5% annual appreciation builds toward $99,434 over five years. Five-year ROI reaches 128.57% and total cumulative return in cash sums $153,398. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,670/mo property income rather than buyer’s personal income.
Townhouse
Built in 2013
5,662 sqft 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
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Listed by: PHYLLIS A RITTENBACH • BIANCO REALTY, INC.
Mls Name: Great North MLS
Mls ID: #4022786