2706 Wheatland Dr 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 2706 Wheatland Dr S, Fargo, ND, 58103 at $272,000 posts ROI 17.69% with from $1,506/mo rent. Total monthly income equals $1,506/mo. Return on cash invested measures 17.69% and rental yield reads 6.64% at the current $272,000. Equity gained on principal adds $1,755/yr, and 5% annual appreciation supports $75,149 by year five. Five-year ROI prints 90.93% and total cumulative return in cash totals $81,989. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,506/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1998
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: Rochelle Roesler, MBA • Century 21 FM Realty
Mls Name: FMARMLS
Mls Provider:
Mls ID: #6605711
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.