12 Broadway N UNIT 203FargoND58102
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayNot all U.S. investment properties are valued for current income. 12 Broadway N UNIT 203, Fargo, ND, 58102 in Fargo at $383,300, 5.04% gross yield, is a market-growth asset. Rental yield 5.04%. The $2,536/mo rent partially funds the $1,724/mo debt service; the core return is the 5%/yr price growth projected to add $105,899 over five years. Ziffy Mortgage's DSCR mortgage (1.47) provides financing for foreign nationals without domestic income checks. A 30–35% down payment often produces the cleanest coverage for low-yield properties. Total five-year return: $153,046.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5% | 7.2% |
| Monthly Cash Flow | $(1,297) | $450 |
City averages based on Fargo market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,536 |
| Total Monthly Debt Service | $2,267 |
| DSCR Ratio | 1.12x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1925
836 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58102, Fargo, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,460 (100%) |
| Owner Occupied HU | 6,907 (39.6%) |
| Renter Occupied HU | 8,453 (48.4%) |
| Vacant Housing Units | 2,100 (12.0%) |
| Median Home Value | $273,940 |
| Average Home Value | $333,973 |
Housing Distribution
Address Breakdown
Residential
15,868
Single Family
9,072
Multi-Family
6,796
Businesses
1,384
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
Condo
Built in 1925
836 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58102, Fargo, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,460 (100%) |
| Owner Occupied HU | 6,907 (39.6%) |
| Renter Occupied HU | 8,453 (48.4%) |
| Vacant Housing Units | 2,100 (12.0%) |
| Median Home Value | $273,940 |
| Average Home Value | $333,973 |
Housing Distribution
Address Breakdown
Residential
15,868
Single Family
9,072
Multi-Family
6,796
Businesses
1,384
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A