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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Townhouse Investment Properties for Sale in Fargo, ND
Listed for sale 3 days ago
$ 236,000
ROI
24.8
Cash Flow/m
334- 3 Bed
- 2 Bath
- 1680 sft
3163 17th St S Unit C, Fargo, ND, 58103
$ 185,000
ROI
20.0Cash Flow/m
14- 2 Bed
- 2 Bath
- 1152 sft
3111 22nd St S, Fargo, ND, 58103
$ 317,500
ROI
20.2Cash Flow/m
38- 3 Bed
- 3 Bath
- 1959 sft
4120 Arthur Dr S, Fargo, ND, 58104
$ 164,900
ROI
23.3Cash Flow/m
162- 2 Bed
- 1 Bath
- 988 sft
3064 23rd St S, Fargo, ND, 58103
Why Invest in Fargo, North Dakota?
Townhouses in Fargo, ND offer investors strong cash flow potential in a market with low vacancy rates below 4%. The city's diversified economy and population growth of 15% over five years drive consistent rental demand. With rental rates rising 8% annually and new permits lagging at 1,200 units yearly, townhouses provide solid appreciation opportunities. Major employers like Sanford Health and NDSU ensure stable tenant pools for reliable income.
8.5%
Avg. ROI
7.2%
Rental Yield
6.8%
Cap Rate
$450/mo
Avg. Cash Flow
$1650/mo
Avg. Rent
4.1%
1Y Appreciation
Frequently Asked Questions
Yes, townhouses offer strong rental yields around 7% with low vacancy under 5%. Their appeal to young professionals and families near NDSU ensures steady demand. Appreciation of 4% annually adds long-term value.
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