1109 University Dr SFargoND58103
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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 Fargo at 1109 University Dr S, Fargo, ND, 58103 priced at $220,000 pairs $1,575/mo rent with $236/mo cash flow after a $1,077/mo payment. Total monthly income equals $1,575/mo, and annual cash flow comes to $2,830/yr on $72,930 invested. Return on cash invested is 23.79% in year one, and rental yield stands at 8.59% on a $220,000 basis. Equity gained on principal adds $1,420/yr, and 5% annual appreciation accumulates to $60,782 by year five. Five-year ROI measures 123.5% and total cumulative return in cash reaches $90,071. For financing, Ziffy Mortgage’s DSCR program evaluates $1,575/mo property income against a $1,077/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2024
0.16 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58103, Fargo, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,913 (100%) |
| Owner Occupied HU | 9,697 (37.4%) |
| Renter Occupied HU | 14,163 (54.7%) |
| Vacant Housing Units | 2,053 ( 7.9%) |
| Median Home Value | $259,272 |
| Average Home Value | $322,801 |
Housing Distribution
Address Breakdown
Residential
23,421
Single Family
10,596
Multi-Family
12,825
Businesses
2,042
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Listed by: Brandon Raboin • Raboin Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6821961