2385 Eagle Valley Dr 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
Rental property for sale in Fargo at 2385 Eagle Valley Dr S, Fargo, ND, 58104 priced at $358,900 converts $3,156/mo rent into $871/mo cash flow after a $1,757/mo obligation. Total monthly income equals $3,156/mo, and annual cash flow totals $10,456/yr on $118,975 invested. Return on cash invested prints 28.7% in year one, and rental yield reads 10.55% against a $358,900 entry. Equity gained on principal adds $2,316/yr, while 5% annual appreciation compiles into $99,157 by year five. Five-year ROI reaches 150.22% and total cumulative return in cash sums $178,728. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,156/mo property income covering a $1,757/mo payment, not borrower’s personal income.
Single Family
Built in 2024
0.76 Acres lot
$N/A/sqft
$100 monthly 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: Adam Runde • Raboin Realty
Mls Name: FMARMLS
Mls Provider:
Mls ID: #6577432
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.