2357 20 1/2 Ave SFargoND58103
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 2357 20 1/2 Ave S, Fargo, ND, 58103 offers a 15.12% rental yield on a $183,900 purchase with $2,317/mo rent. Total monthly income registers $2,317/mo, and a $900/mo payment leaves $1,005/mo available for distribution. Annual cash flow reaches $12,056/yr on $60,963 to close, and return on cash invested stands at 39.69% in year one. Equity gained on principal adds $1,187/yr while 5% annual appreciation supports $50,808 over five years. Portfolio math shows five-year ROI at 210.16% and total cumulative return in cash at $128,117. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,317/mo property income against a $900/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1977
1.91 Acres lot
$N/A/sqft
$180 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Angie Mann Krause • Dakota Plains Realty
Mls Name: FMARMLS
Mls Provider:
Mls ID: #6617556
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.