1425 7th St NFargoND58102
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
Investment Highlights
Investment property for sale in Fargo at 1425 7th St N, Fargo, ND, 58102 earns $271/mo cash flow from $1,564/mo rent with a $1,040/mo payment. Total monthly income totals $1,564/mo, and annual cash flow totals $3,249/yr on $70,444 capital. ROI tracks 24.52% on current figures, and rental yield reads 8.83% at a $212,500 purchase. Equity gained on principal adds $1,371/yr, and 5% annual appreciation supports $58,710 over five years. Five-year ROI reaches 127.45% and total cumulative return in cash sums $89,780. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,564/mo property income instead of your personal income.
Single Family
Built in 1946
0.17 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: Carrie Speer • Park Co., REALTORS
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6759886