21 Birch Ln 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 21 Birch Ln S, Fargo, ND, 58103 priced at $347,000 pairs $2,394/mo rent with $282/mo cash flow after a $1,698/mo payment. Total monthly income equals $2,394/mo, and annual cash flow comes to $3,390/yr on $115,031 invested. Return on cash invested is 22.86% in year one, and rental yield stands at 8.28% on a $347,000 basis. Equity gained on principal adds $2,239/yr, and 5% annual appreciation accumulates to $95,870 by year five. Five-year ROI measures 118.53% and total cumulative return in cash reaches $136,340. For financing, Ziffy Mortgage’s DSCR program evaluates $2,394/mo property income against a $1,698/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1977
0.26 Acres 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: Michelle Durensky • RE/MAX Legacy Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6803235