2732 Parkview 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
Rental property for sale in Fargo at 2732 Parkview Dr S, Fargo, ND, 58103 priced at $410,000 converts $2,591/mo rent into $70/mo cash flow after a $2,007/mo obligation. Total monthly income equals $2,591/mo, and annual cash flow totals $837/yr on $135,915 invested. Return on cash invested prints 20.53% in year one, and rental yield reads 7.58% against a $410,000 entry. Equity gained on principal adds $2,646/yr, while 5% annual appreciation compiles into $113,275 by year five. Five-year ROI reaches 106.1% and total cumulative return in cash sums $144,203. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,591/mo property income covering a $2,007/mo payment, not borrower’s personal income.
Single Family
Built in 1997
0.25 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: Hunter Sall • Park Co., REALTORS
Mls Name: FMARMLS
Mls Provider:
Mls ID: #6547321
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.