1233 11 1/2 St NFargoND58102
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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 Fargo at 1233 11 1/2 St N, Fargo, ND, 58102 earns $827/mo cash flow from $2,018/mo rent with a $905/mo payment. Total monthly income totals $2,018/mo, and annual cash flow totals $9,930/yr on $61,328 capital. ROI tracks 36.1% on current figures, and rental yield reads 13.09% at a $185,000 purchase. Equity gained on principal adds $1,194/yr, and 5% annual appreciation supports $51,112 over five years. Five-year ROI reaches 190.04% and total cumulative return in cash sums $116,547. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,018/mo property income instead of your personal income.
Single Family
Built in 1917
6,969 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
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Listed by: Mary Killoran • RE/MAX Legacy Realty
Mls Name: FMARMLS
Mls Provider:
Mls ID: #6611249
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed.