1364 12th Ave 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 1364 12th Ave S, Fargo, ND, 58103 generates $1,970/mo in rent and, after a $1,310/mo payment, leaves $341/mo in cash flow. Total monthly income is $1,970/mo, and annual cash flow is $4,093/yr on $88,709 invested. Return on cash invested sits at 24.52% in year one, and rental yield is 8.83% on a $267,600 entry. Equity gained on principal adds $1,727/yr, while 5% annual appreciation builds toward $73,933 over five years. Five-year ROI reaches 127.5% and total cumulative return in cash sums $113,104. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,970/mo property income rather than buyer’s personal income.
Single Family
Built in 1922
N/A 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: N/A • N/A
Mls Name: BHHS broker feed
Mls ID: #6797474