1453 68th Ave SFargoND58104
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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 1453 68th Ave S, Fargo, ND, 58104 listed at $326,700 pairs $2,651/mo rent with a $1,599/mo payment to leave $663/mo cash flow. Total monthly income runs $2,651/mo, and annual cash flow reaches $7,952/yr on $108,301 cash to close. Return on cash invested measures 27.25% in year one, and rental yield registers 9.74% at a $326,700 basis. Equity gained on principal adds $2,108/yr, and annual property appreciation at 5% supports $90,261 by year five. Five-year ROI tracks 142.09% and total cumulative return in cash totals $153,883. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,651/mo property income relative to a $1,599/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 2023
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58104, Fargo, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,395 (100%) |
| Owner Occupied HU | 10,926 (44.8%) |
| Renter Occupied HU | 11,398 (46.7%) |
| Vacant Housing Units | 2,071 ( 8.5%) |
| Median Home Value | $384,872 |
| Average Home Value | $466,708 |
Housing Distribution
Address Breakdown
Residential
24,157
Single Family
12,616
Multi-Family
11,541
Businesses
1,114
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Listed by: Nate Anderson • Thomsen Homes
Mls Name: FMARMLS
Mls Provider:
Mls ID: #6591067
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.