2325 17th St 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
Investment property for sale in Fargo at 2325 17th St S, Fargo, ND, 58103 uses $48,863 cash to close to unlock $1,818/yr annual cash flow and $151/mo monthly cash flow. Total monthly income runs $1,112/mo, and a $721/mo payment keeps the spread at $151/mo. Purchase price stands at $147,400, and rental yield measures 9.05% with $1,112/mo rent. Return on cash invested shows 23.63% in year one, and 5% annual appreciation builds toward $40,724 over five years. Five-year ROI reaches 123.27% and total cumulative return in cash records $60,234. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,112/mo property income covering a $721/mo payment rather than investor’s personal income.
Townhouse
Built in 1980
4,356 sqft 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: Tyler Lindell • REAL (1531 FGO)
Mls Name: FMARMLS
Mls Provider:
Mls ID: #6615609
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.